On 3/27/15, Crescent Point Energy Corp (Toronto: CPG) will trade ex-dividend, for its monthly dividend of $0.23, payable on 4/15/15. As a percentage of CPG's recent stock price of $29.53, this dividend works out to approximately 0.78%, so look for shares of Crescent Point Energy Corp to trade 0.78% lower — all else being equal — when CPG shares open for trading on 3/27/15.
Below is a dividend history chart for CPG, showing historical dividends prior to the most recent $0.23 declared by Crescent Point Energy Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CPG is likely to continue, and whether the current estimated yield of 9.35% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of CPG shares, versus its 200 day moving average:
Looking at the chart above, CPG's low point in its 52 week range is $21.20 per share, with $48.68 as the 52 week high point — that compares with a last trade of $29.46.
Special Offer: Follow Gordon Pape's Canadian stock tips with a 30 day FREE trial to the Internet Wealth Builder newsletter
According to the ETF Finder at ETFChannel.com, CPG makes up 3.64% of the SPDR S&P International Dividend ETF (AMEX: DWX) which is trading up by about 0.2% on the day Wednesday.
In Wednesday trading, Crescent Point Energy Corp shares are currently up about 0.6% on the day.
