S Split Corporation About To Put More Money In Your Pocket (SBN)

On 2/13/14, S Split Corporation Class A (TSX: SBN.TO) will trade ex-dividend, for its monthly dividend of $0.0416, payable on 2/28/14. As a percentage of SBN's recent stock price of $7.63, this dividend works out to approximately 0.55%, so look for shares of S Split Corporation Class A to trade 0.55% lower — all else being equal — when SBN shares open for trading on 2/13/14.

Below is a dividend history chart for SBN, showing historical dividends prior to the most recent $0.0416 declared by S Split Corporation Class A:

SBN+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 SBN is likely to continue, and whether the current estimated yield of 6.55% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SBN shares, versus its 200 day moving average:

S Split Corporation Class A 200 Day Moving Average Chart

Looking at the chart above, SBN's low point in its 52 week range is $6.26 per share, with $8.88 as the 52 week high point — that compares with a last trade of $7.63.

In Tuesday trading, S Split Corporation Class A shares are currently trading flat on the day.

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