TZZ Ex-Dividend Reminder - 10/29/13

On 10/29/13, Trez Capital Mortgage Invst A (TSX: TZZ.TO) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 11/15/13. As a percentage of TZZ's recent stock price of $8.72, this dividend works out to approximately 0.67%, so look for shares of Trez Capital Mortgage Invst A to trade 0.67% lower — all else being equal — when TZZ shares open for trading on 10/29/13.

Below is a dividend history chart for TZZ, showing historical dividends prior to the most recent $0.0583 declared by Trez Capital Mortgage Invst A:

TZZ+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 TZZ is likely to continue, and whether the current estimated yield of 8.02% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, Trez Capital Mortgage Invst A shares are currently up about 0.1% on the day.
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