On 11/15/16, Algoma Central Corp. (TSX: ALC.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 12/1/16. As a percentage of ALC's recent stock price of $11.25, this dividend works out to approximately 0.62%, so look for shares of Algoma Central Corp. to trade 0.62% lower — all else being equal — when ALC shares open for trading on 11/15/16.Below is a dividend history chart for ALC, showing historical dividends prior to the most recent $0.07 declared by Algoma Central Corp.: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALC is likely to continue, and whether the current estimated yield of 2.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALC shares, versus its 200 day moving average: Looking at the chart above, ALC's low point in its 52 week range is $9.75 per share, with $15.34 as the 52 week high point — that compares with a last trade of $11.25. In Monday trading, Algoma Central Corp. shares are currently down about 0.4% on the day.
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