Ex-Div Reminder For Sciti Trust Units (SIN-UN)

On 10/28/13, Sciti Trust Units (TSX: SIN-UN.TO) will trade ex-dividend, for its monthly dividend of $0.082, payable on 11/15/13. As a percentage of SIN.UN's recent stock price of $12.20, this dividend works out to approximately 0.67%, so look for shares of Sciti Trust Units to trade 0.67% lower — all else being equal — when SIN.UN shares open for trading on 10/28/13.

Below is a dividend history chart for SIN.UN, showing historical dividends prior to the most recent $0.082 declared by Sciti Trust Units:

SIN.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 SIN.UN is likely to continue, and whether the current estimated yield of 8.07% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, Sciti Trust Units shares are currently down about 0.2% on the day.
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