Cash Dividend On The Way From Twin Butte Energy (TBE)

On 2/26/14, Twin Butte Energy Ltd (TSX: TBE.TO) will trade ex-dividend, for its monthly dividend of $0.016, payable on 3/17/14. As a percentage of TBE's recent stock price of $2.29, this dividend works out to approximately 0.70%, so look for shares of Twin Butte Energy Ltd to trade 0.70% lower — all else being equal — when TBE shares open for trading on 2/26/14.

Below is a dividend history chart for TBE, showing historical dividends prior to the most recent $0.016 declared by Twin Butte Energy Ltd:

TBE+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 TBE is likely to continue, and whether the current estimated yield of 8.38% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TBE shares, versus its 200 day moving average:

Twin Butte Energy Ltd 200 Day Moving Average Chart

Looking at the chart above, TBE's low point in its 52 week range is $1.60 per share, with $2.49 as the 52 week high point — that compares with a last trade of $2.29.

In Monday trading, Twin Butte Energy Ltd shares are currently trading flat on the day.

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