LTS Ex-Dividend Reminder - 10/29/13

On 10/29/13, Lightstream Resources Ltd. (TSX: LTS.TO) will trade ex-dividend, for its monthly dividend of $0.08, payable on 11/15/13. As a percentage of LTS's recent stock price of $7.05, this dividend works out to approximately 1.13%, so look for shares of Lightstream Resources Ltd. to trade 1.13% lower — all else being equal — when LTS shares open for trading on 10/29/13.

Below is a dividend history chart for LTS, showing historical dividends prior to the most recent $0.08 declared by Lightstream Resources Ltd.:

LTS+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 LTS is likely to continue, and whether the current estimated yield of 13.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LTS shares, versus its 200 day moving average:

Lightstream Resources Ltd. 200 Day Moving Average Chart

Looking at the chart above, LTS's low point in its 52 week range is $6.68 per share, with $12.83 as the 52 week high point — that compares with a last trade of $7.05.

In Friday trading, Lightstream Resources Ltd. shares are currently up about 0.3% on the day.

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