SBN Ex-Dividend Reminder - 10/10/13

On 10/10/13, S Split Corporation Class A (TSX: SBN.TO) will trade ex-dividend, for its monthly dividend of $0.0402, payable on 10/31/13. As a percentage of SBN's recent stock price of $6.98, this dividend works out to approximately 0.58%, so look for shares of S Split Corporation Class A to trade 0.58% lower — all else being equal — when SBN shares open for trading on 10/10/13.

Below is a dividend history chart for SBN, showing historical dividends prior to the most recent $0.0402 declared by S Split Corporation Class A:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SBN is likely to continue, and whether the current estimated yield of 6.91% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SBN shares, versus its 200 day moving average:

S Split Corporation Class A 200 Day Moving Average Chart

Looking at the chart above, SBN's low point in its 52 week range is $5.91 per share, with $7.84 as the 52 week high point — that compares with a last trade of $6.98.

In Tuesday trading, S Split Corporation Class A shares are currently trading flat on the day.

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