Ex-Div Reminder for Mullen Group (MTL.CA)By Canada Stock Channel Staff, Tuesday, October 26, 10:20 AM ET
On 10/28/21, Mullen Group Ltd (TSE:MTL.CA) will trade ex-dividend, for its monthly dividend of $0.04, payable on 11/15/21. As a percentage of MTL.CA's recent stock price of $14.20, this dividend works out to approximately 0.28%.
Below is a dividend history chart for MTL.CA, showing historical dividends prior to the most recent $0.04 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 3.38% 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 $8.84 per share, with $14.48 as the 52 week high point — that compares with a last trade of $14.19.
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In Tuesday trading, Mullen Group Ltd shares are currently up about 0.4% on the day.
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