Ex-Div Reminder for Systemax (SYX)

Looking at the universe of stocks we cover at Dividend Channel, on 11/16/16, Systemax, Inc. ( SYX) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 11/28/16. As a percentage of SYX's recent stock price of $8.70, this dividend works out to approximately 0.57%, so look for shares of Systemax, Inc. to trade 0.57% lower — all else being equal — when SYX shares open for trading on 11/16/16.

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Below is a dividend history chart for SYX, showing historical dividends prior to the most recent $0.05 declared by Systemax, Inc.:

SYX+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 SYX is likely to continue, and whether the current estimated yield of 2.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SYX shares, versus its 200 day moving average:

Systemax, Inc. 200 Day Moving Average Chart

Looking at the chart above, SYX's low point in its 52 week range is $7.24 per share, with $10.00 as the 52 week high point — that compares with a last trade of $8.70.

In Monday trading, Systemax, Inc. shares are currently trading flat on the day.

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