RPL Ex-Dividend Reminder - 10/29/13

On 10/29/13, Renegade Petroleum Ltd (TSXV: RPL.TO) will trade ex-dividend, for its monthly dividend of $0.0083, payable on 11/15/13. As a percentage of RPL's recent stock price of $1.09, this dividend works out to approximately 0.76%, so look for shares of Renegade Petroleum Ltd to trade 0.76% lower — all else being equal — when RPL shares open for trading on 10/29/13.

Below is a dividend history chart for RPL, showing historical dividends prior to the most recent $0.0083 declared by Renegade Petroleum Ltd:

RPL+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 RPL is likely to continue, and whether the current estimated yield of 9.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RPL shares, versus its 200 day moving average:

Renegade Petroleum Ltd 200 Day Moving Average Chart

Looking at the chart above, RPL's low point in its 52 week range is $0.97 per share, with $2.67 as the 52 week high point — that compares with a last trade of $1.10.

In Friday trading, Renegade Petroleum Ltd shares are currently off about 0.9% on the day.

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