Cash Dividend On The Way From Enervest Diversified Income Trust

On 2/20/14, Enervest Diversified Income Trust (TSX: EIT-UN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 3/14/14. As a percentage of EIT.UN's recent stock price of $11.94, this dividend works out to approximately 0.84%, so look for shares of Enervest Diversified Income Trust to trade 0.84% lower — all else being equal — when EIT.UN shares open for trading on 2/20/14.

Below is a dividend history chart for EIT.UN, showing historical dividends prior to the most recent $0.10 declared by Enervest Diversified Income Trust:

EIT.UN+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 EIT.UN is likely to continue, and whether the current estimated yield of 10.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EIT.UN shares, versus its 200 day moving average:

Enervest Diversified Income Trust 200 Day Moving Average Chart

Looking at the chart above, EIT.UN's low point in its 52 week range is $10.94 per share, with $12.74 as the 52 week high point — that compares with a last trade of $11.95.

In Tuesday trading, Enervest Diversified Income Trust shares are currently trading flat on the day.

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