On 5/28/13, Sciti Trust Units (TSX: SIN-UN.TO) will trade ex-dividend, for its monthly dividend of $0.0815, payable on 6/14/13. As a percentage of SIN.UN's recent stock price of $12.81, this dividend works out to approximately 0.64%, so look for shares of Sciti Trust Units to trade 0.64% lower — all else being equal — when SIN.UN shares open for trading on 5/28/13.
Below is a dividend history chart for SIN.UN, showing historical dividends prior to the most recent $0.0815 declared by Sciti Trust Units:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SIN.UN is likely to continue, and whether the current estimated yield of 7.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SIN.UN shares:Looking at the chart above, SIN.UN's low point in its 52 week range is $12.13 per share, with $13.56 as the 52 week high point — that compares with a last trade of $12.81.
In Friday trading, Sciti Trust Units shares are currently trading flat on the day.