Reminder - Vecima Networks (VCM) Goes Ex-Dividend Soon

On 11/21/16, Vecima Networks Inc (TSX: VCM.TO) will trade ex-dividend, for its quarterly dividend of $0.055, payable on 12/20/16. As a percentage of VCM's recent stock price of $8.52, this dividend works out to approximately 0.65%, so look for shares of Vecima Networks Inc to trade 0.65% lower — all else being equal — when VCM shares open for trading on 11/21/16.

Below is a dividend history chart for VCM, showing historical dividends prior to the most recent $0.055 declared by Vecima Networks Inc:

VCM+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 VCM is likely to continue, and whether the current estimated yield of 2.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VCM shares, versus its 200 day moving average:

Vecima Networks Inc 200 Day Moving Average Chart

Looking at the chart above, VCM's low point in its 52 week range is $8.12 per share, with $12.60 as the 52 week high point — that compares with a last trade of $8.52.

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

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