Cash Dividend On The Way From A&W Revenue Royalties Income Fund (AW-UN)

On 10/10/13, Premier Canadian Income Fund (TSX: PCU-UN.TO) will trade ex-dividend, for its monthly dividend of $0.0160, payable on 10/31/13. As a percentage of PCU.UN's recent stock price of $2.86, this dividend works out to approximately 0.56%, so look for shares of Premier Canadian Income Fund to trade 0.56% lower — all else being equal — when PCU.UN shares open for trading on 10/10/13.

Below is a dividend history chart for PCU.UN, showing historical dividends prior to the most recent $0.0160 declared by Premier Canadian Income Fund:

PCU.UN+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 PCU.UN is likely to continue, and whether the current estimated yield of 6.73% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Premier Canadian Income Fund shares are currently trading flat on the day.
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