TZZ Ex-Dividend Reminder - 2/26/14

On 2/26/14, Trez Capital Mortgage Invst A (TSX: TZZ.TO) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 3/14/14. As a percentage of TZZ's recent stock price of $9.03, this dividend works out to approximately 0.65%, so look for shares of Trez Capital Mortgage Invst A to trade 0.65% lower — all else being equal — when TZZ shares open for trading on 2/26/14.

Below is a dividend history chart for TZZ, showing historical dividends prior to the most recent $0.0583 declared by Trez Capital Mortgage Invst A:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TZZ is likely to continue, and whether the current estimated yield of 7.75% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Trez Capital Mortgage Invst A shares are currently trading flat on the day.

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