On 5/29/13, CI Financial Corporation (Toronto: CIX) will trade ex-dividend, for its monthly dividend of $0.09, payable on 6/14/13. As a percentage of CIX's recent stock price of $30.48, this dividend works out to approximately 0.30%.
Below is a dividend history chart for CIX, showing historical dividends prior to the most recent $0.09 declared by CI Financial Corporation:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CIX is likely to continue, and whether the current estimated yield of 3.54% on annualized basis is a reasonable expectation of annual yield going forward.
The chart below shows the one year performance of CIX shares, versus its 200 day moving average:
Looking at the chart above, CIX's low point in its 52 week range is $21.00 per share, with $30.99 as the 52 week high point — that compares with a last trade of $30.45.
In Tuesday trading, CI Financial Corporation shares are currently off about 0.3% on the day.
