Cash Dividend On The Way From Tdb Split Class A (XTD)

On 10/29/13, Tdb Split Class A (TSX: XTD.TO) will trade ex-dividend, for its monthly dividend of $0.05, payable on 11/8/13. As a percentage of XTD's recent stock price of $4.50, this dividend works out to approximately 1.11%, so look for shares of Tdb Split Class A to trade 1.11% lower — all else being equal — when XTD shares open for trading on 10/29/13.

Below is a dividend history chart for XTD, showing historical dividends prior to the most recent $0.05 declared by Tdb Split Class A:

XTD+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 XTD is likely to continue, and whether the current estimated yield of 13.33% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XTD shares, versus its 200 day moving average:

Tdb Split Class A 200 Day Moving Average Chart

Looking at the chart above, XTD's low point in its 52 week range is $2.72 per share, with $4.50 as the 52 week high point — that compares with a last trade of $4.50.

In Friday trading, Tdb Split Class A shares are currently trading flat on the day.
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