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MBN Corporation About To Put More Money In Your Pocket (MBN.CA)

By Canada Stock Channel Staff, Friday, September 24, 10:02 AM ET
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On 9/28/21, MBN Corporation (MBN.CA) will trade ex-dividend, for its quarterly dividend of $0.08, payable on 10/15/21. As a percentage of MBN.CA's recent stock price of $7.50, this dividend works out to approximately 1.07%, so look for shares of MBN Corporation to trade 1.07% lower — all else being equal — when MBN.CA shares open for trading on 9/28/21.

Below is a dividend history chart for MBN.CA, showing historical dividends prior to the most recent $0.08 declared by MBN Corporation:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MBN.CA is likely to continue, and whether the current estimated yield of 4.27% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MBN.CA shares, versus its 200 day moving average:

MBN Corporation 200 Day Moving Average Chart

Looking at the chart above, MBN.CA's low point in its 52 week range is $5.88 per share, with $8.16 as the 52 week high point — that compares with a last trade of $7.50.


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In Friday trading, MBN Corporation shares are currently up about 2.7% on the day.


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