Reminder - Transcontinentl B (TCL-B) Goes Ex-Dividend Soon

On 7/2/15, Transcontinentl B MV (TSX: TCL-B.TO) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 7/22/15. As a percentage of TCL.B's recent stock price of $15.43, this dividend works out to approximately 1.10%, so look for shares of Transcontinentl B MV to trade 1.10% lower — all else being equal — when TCL.B shares open for trading on 7/2/15.

Below is a dividend history chart for TCL.B, showing historical dividends prior to the most recent $0.17 declared by Transcontinentl B MV:

TCL.B+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.B is likely to continue, and whether the current estimated yield of 4.41% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TCL.B shares:

Transcontinentl B MV 200 Day Moving Average Chart

Looking at the chart above, TCL.B's low point in its 52 week range is $13.36 per share, with $19.34 as the 52 week high point — that compares with a last trade of $15.43.

In Tuesday trading, Transcontinentl B MV shares are currently trading flat on the day.

More from Stocks

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Novo Nordisk Stock Rises 4% Over 2 Sessions

Novo Nordisk Stock Rises 4% Over 2 Sessions

Stock Market Just Took Another Beating -- Here's What You Need to Know

Stock Market Just Took Another Beating -- Here's What You Need to Know

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins