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Goldcorp About To Put More Money In Your Pocket (GG)

Looking at the universe of stocks we cover at Dividend Channel , on 12/15/15, Goldcorp Inc (Symbol: GG) will trade ex-dividend, for its monthly dividend of $0.02, payable on 12/29/15. As a percentage of GG's recent stock price of $11.74, this dividend works out to approximately 0.17%.

GG+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 GG is likely to continue, and whether the current estimated yield of 2.04% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GG shares, versus its 200 day moving average:

Goldcorp Inc 200 Day Moving Average Chart

Looking at the chart above, GG's low point in its 52 week range is $11.30 per share, with $25.00 as the 52 week high point - that compares with a last trade of $11.78.

According to the ETF Finder at ETF Channel, GG makes up 7.02% of the Gold Miners ETF (Symbol: GDX) which is trading lower by about 1.1% on the day Friday.

In Friday trading, Goldcorp Inc shares are currently off about 1.2% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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