Indigo Books & Music About To Put More Money In Your Pocket

On 5/10/13, Indigo Books & Music Inc (IDG.TO"> IDG.TO) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 5/30/13. As a percentage of IDG's recent stock price of $11.30, this dividend works out to approximately 0.97%, so look for shares of Indigo Books & Music Inc to trade 0.97% lower — all else being equal — when IDG shares open for trading on 5/10/13.

Below is a dividend history chart for IDG, showing historical dividends prior to the most recent $0.11 declared by Indigo Books & Music Inc:

IDG+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 IDG is likely to continue, and whether the current estimated yield of 3.89% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IDG shares, versus its 200 day moving average:

Indigo Books & Music Inc 200 Day Moving Average Chart

Looking at the chart above, IDG's low point in its 52 week range is $7.25 per share, with $11.50 as the 52 week high point — that compares with a last trade of $11.30.

In Wednesday trading, Indigo Books & Music Inc shares are currently up about 1.5% on the day.