Long Run Exploration About To Put More Money In Your Pocket (LRE)

On 2/26/14, Long Run Exploration Ltd (TSX: LRE.TO) will trade ex-dividend, for its monthly dividend of $0.0335, payable on 3/14/14. As a percentage of LRE's recent stock price of $5.16, this dividend works out to approximately 0.65%, so look for shares of Long Run Exploration Ltd to trade 0.65% lower — all else being equal — when LRE shares open for trading on 2/26/14.

Below is a dividend history chart for LRE, showing historical dividends prior to the most recent $0.0335 declared by Long Run Exploration Ltd:

LRE+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 LRE is likely to continue, and whether the current estimated yield of 7.79% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Long Run Exploration Ltd shares are currently up about 0.2% on the day.

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