Ex-Div Reminder for K-Bro Linen (KBL)

On 6/26/15, K-Bro Linen, Inc. (TSX: KBL.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 7/15/15. As a percentage of KBL's recent stock price of $53.25, this dividend works out to approximately 0.19%.

Below is a dividend history chart for KBL, showing historical dividends prior to the most recent $0.10 declared by K-Bro Linen, Inc.:

KBL+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from KBL is likely to continue, and whether the current estimated yield of 2.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of KBL shares, versus its 200 day moving average:

K-Bro Linen, Inc. 200 Day Moving Average Chart

Looking at the chart above, KBL's low point in its 52 week range is $38.05 per share, with $56.99 as the 52 week high point — that compares with a last trade of $53.25.

In Wednesday trading, K-Bro Linen, Inc. shares are currently trading flat on the day.

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