Cogeco About To Put More Money In Your Pocket (CGO)

On 11/14/16, Cogeco Inc (TSX: CGO.TO) will trade ex-dividend, for its quarterly dividend of $0.34, payable on 11/30/16. As a percentage of CGO's recent stock price of $49.57, this dividend works out to approximately 0.69%, so look for shares of Cogeco Inc to trade 0.69% lower — all else being equal — when CGO shares open for trading on 11/14/16.

Below is a dividend history chart for CGO, showing historical dividends prior to the most recent $0.34 declared by Cogeco Inc:

CGO+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 CGO is likely to continue, and whether the current estimated yield of 2.74% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CGO shares, versus its 200 day moving average:

Cogeco Inc 200 Day Moving Average Chart

Looking at the chart above, CGO's low point in its 52 week range is $47.55 per share, with $57.99 as the 52 week high point — that compares with a last trade of $49.57.

In Thursday trading, Cogeco Inc shares are currently trading flat on the day.

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