Ex-Div Reminder for Mullen Group (MTL.CA)

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On 7/27/16, Mullen Group Ltd (MTL.CA) will trade ex-dividend, for its monthly dividend of $0.03, payable on 8/15/16. As a percentage of MTL.CA's recent stock price of $15.68, this dividend works out to approximately 0.19%.

Below is a dividend history chart for MTL.CA, showing historical dividends prior to the most recent $0.03 declared by Mullen Group Ltd:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MTL.CA is likely to continue, and whether the current estimated yield of 2.30% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MTL.CA shares, versus its 200 day moving average:

Looking at the chart above, MTL.CA's low point in its 52 week range is $13.02 per share, with $19.65 as the 52 week high point — that compares with a last trade of $15.68.


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In Monday trading, Mullen Group Ltd shares are currently down about 1% on the day.

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