Cash Dividend On The Way From Transcontinental (TCL-A)

On 7/2/15, Transcontinental Inc (TSX: TCL-A.TO) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 7/22/15. As a percentage of TCL.A's recent stock price of $15.44, this dividend works out to approximately 1.10%, so look for shares of Transcontinental Inc to trade 1.10% lower — all else being equal — when TCL.A shares open for trading on 7/2/15.

Below is a dividend history chart for TCL.A, showing historical dividends prior to the most recent $0.17 declared by Transcontinental Inc:

TCL.A+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 TCL.A is likely to continue, and whether the current estimated yield of 4.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TCL.A shares:

Transcontinental Inc 200 Day Moving Average Chart

Looking at the chart above, TCL.A's low point in its 52 week range is $13.28 per share, with $19.55 as the 52 week high point — that compares with a last trade of $15.48.

In Tuesday trading, Transcontinental Inc shares are currently up about 0.2% on the day.

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