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| Ex-Div Reminder for Pason Systems (PSI.CA)By Canada Stock Channel Staff, Monday, June 12, 10:50 AM ET
On 6/14/23, Pason Systems Inc (TSE:PSI.CA) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 6/30/23. As a percentage of PSI.CA's recent stock price of $11.34, this dividend works out to approximately 1.06%, so look for shares of Pason Systems Inc to trade 1.06% lower — all else being equal — when PSI.CA shares open for trading on 6/14/23. Below is a dividend history chart for PSI.CA, showing historical dividends prior to the most recent $0.12 declared by Pason Systems Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSI.CA is likely to continue, and whether the current estimated yield of 4.23% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSI.CA shares, versus its 200 day moving average:
Looking at the chart above, PSI.CA's low point in its 52 week range is $10.87 per share, with $16.98 as the 52 week high point — that compares with a last trade of $11.38. Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation.
In Monday trading, Pason Systems Inc shares are currently off about 2.2% on the day.
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