Reminder - Calfrac Well Services (CFW) Goes Ex-Dividend Soon

On 6/26/15, Calfrac Well Services Ltd (TSX: CFW.TO) will trade ex-dividend, for its quarterly dividend of $0.0625, payable on 7/15/15. As a percentage of CFW's recent stock price of $8.35, this dividend works out to approximately 0.75%, so look for shares of Calfrac Well Services Ltd to trade 0.75% lower — all else being equal — when CFW shares open for trading on 6/26/15.

Below is a dividend history chart for CFW, showing historical dividends prior to the most recent $0.0625 declared by Calfrac Well Services Ltd:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CFW is likely to continue, and whether the current estimated yield of 2.99% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CFW shares, versus its 200 day moving average:

Calfrac Well Services Ltd 200 Day Moving Average Chart

Looking at the chart above, CFW's low point in its 52 week range is $7.30 per share, with $22.57 as the 52 week high point — that compares with a last trade of $8.34.

In Wednesday trading, Calfrac Well Services Ltd shares are currently up about 1% on the day.

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