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Ex-Div Reminder for Nordion Inc. (NDZ)

By Dividend Channel Staff, Tuesday, June 12, 10:20 AM ET
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On 6/14/12, Nordion Inc. (NYSE:NDZ) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 7/3/12. As a percentage of NDZ's recent stock price of $8.62, this dividend works out to approximately 1.16%.

Below is a dividend history chart for NDZ, showing historical dividends prior to the most recent $0.10 declared by Nordion Inc.:

NDZ Dividend History
Date Div*
03/19/12 0.100
12/21/11 0.100
09/21/11 0.100
06/15/11 0.100
03/15/11 0.100
12/18/06 0.029
09/15/06 0.029
06/16/06 0.029
03/16/06 0.028
12/14/05 0.028
09/14/05 0.028
06/15/05 0.026
03/16/05 0.033
12/15/04 0.027
09/15/04 0.025
03/16/04 0.050
09/12/03 0.050
03/14/03 0.050
09/25/02 0.050
03/20/02 0.043
09/25/01 0.043
03/15/01 0.043
09/22/00 0.086
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDZ is likely to continue, and whether the current estimated yield of 4.64% on annualized basis is a reasonable expectation of annual yield going forward.


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In Tuesday trading, Nordion Inc. shares are currently up about 0.8% on the day.

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