On 8/13/13, Just Energy Group Inc. (Toronto: JE) will trade ex-dividend, for its monthly dividend of $0.07, payable on 8/31/13. As a percentage of JE's recent stock price of $6.92, this dividend works out to approximately 1.01%, so look for shares of Just Energy Group Inc. to trade 1.01% lower — all else being equal — when JE shares open for trading on 8/13/13.
Below is a dividend history chart for JE, showing historical dividends prior to the most recent $0.07 declared by Just Energy Group Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from JE is likely to continue, and whether the current estimated yield of 12.14% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of JE shares, versus its 200 day moving average:
Looking at the chart above, JE's low point in its 52 week range is $5.89 per share, with $11.55 as the 52 week high point — that compares with a last trade of $6.84.
In Friday trading, Just Energy Group Inc. shares are currently off about 1.8% on the day.