Cash Dividend On The Way From CanWel Building Materials Group (CWX)

On 6/26/15, CanWel Building Materials Group Ltd. (TSX: CWX.TO) will trade ex-dividend, for its quarterly dividend of $0.14, payable on 7/15/15. As a percentage of CWX's recent stock price of $5.86, this dividend works out to approximately 2.39%, so look for shares of CanWel Building Materials Group Ltd. to trade 2.39% lower — all else being equal — when CWX shares open for trading on 6/26/15.

Below is a dividend history chart for CWX, showing historical dividends prior to the most recent $0.14 declared by CanWel Building Materials Group Ltd.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CWX is likely to continue, and whether the current estimated yield of 9.56% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CWX shares, versus its 200 day moving average:

CanWel Building Materials Group Ltd. 200 Day Moving Average Chart

Looking at the chart above, CWX's low point in its 52 week range is $5.26 per share, with $6.55 as the 52 week high point — that compares with a last trade of $5.86.

In Wednesday trading, CanWel Building Materials Group Ltd. shares are currently trading flat on the day.

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