Ex-Div Reminder For Marret Resource Corporation J (MAR)

On 10/29/13, Marret Resource Corporation J (TSX: MAR.TO) will trade ex-dividend, for its monthly dividend of $0.0233, payable on 11/15/13. As a percentage of MAR's recent stock price of $3.70, this dividend works out to approximately 0.63%, so look for shares of Marret Resource Corporation J to trade 0.63% lower — all else being equal — when MAR shares open for trading on 10/29/13.

Below is a dividend history chart for MAR, showing historical dividends prior to the most recent $0.0233 declared by Marret Resource Corporation J:

MAR+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 MAR is likely to continue, and whether the current estimated yield of 7.57% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MAR shares, versus its 200 day moving average:

Marret Resource Corporation J 200 Day Moving Average Chart

Looking at the chart above, MAR's low point in its 52 week range is $3.54 per share, with $5.10 as the 52 week high point — that compares with a last trade of $3.70.

In Friday trading, Marret Resource Corporation J shares are currently trading flat on the day.
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