Cash Dividend On The Way From New Look Eyewear Inc (BCI)

On 6/19/13, New Look Eyewear Inc (BCI.TO"> BCI.TO) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 6/30/13. As a percentage of BCI's recent stock price of $9.38, this dividend works out to approximately 1.60%, so look for shares of New Look Eyewear Inc to trade 1.60% lower — all else being equal — when BCI shares open for trading on 6/19/13.

Below is a dividend history chart for BCI, showing historical dividends prior to the most recent $0.15 declared by New Look Eyewear Inc:

BCI+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BCI is likely to continue, and whether the current estimated yield of 6.40% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BCI shares, versus its 200 day moving average:

New Look Eyewear Inc 200 Day Moving Average Chart

Looking at the chart above, BCI's low point in its 52 week range is $8.73 per share, with $10.00 as the 52 week high point — that compares with a last trade of $9.38.

In Monday trading, New Look Eyewear Inc shares are currently trading flat on the day.