On 3/13/13, TECSYS Inc. (Toronto: TCS) will trade ex-dividend, for its semi-annual dividend of $0.035, payable on 3/29/13. As a percentage of TCS's recent stock price of $3.25, this dividend works out to approximately 1.08%, so look for shares of TECSYS Inc. to trade 1.08% lower — all else being equal — when TCS shares open for trading on 3/13/13.
Below is a dividend history chart for TCS, showing historical dividends prior to the most recent $0.035 declared by TECSYS Inc.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TCS is likely to continue, and whether the current estimated yield of 1.08% on annualized basis is a reasonable expectation of annual yield going forward.
In Monday trading, TECSYS Inc. shares are currently trading flat on the day.
