Toscana Energy Income About To Put More Money In Your Pocket (TEI)

On 8/27/14, Toscana Energy Income Corp (TSX: TEI.TO) will trade ex-dividend, for its monthly dividend of $0.135, payable on 9/15/14. As a percentage of TEI's recent stock price of $14.40, this dividend works out to approximately 0.94%, so look for shares of Toscana Energy Income Corp to trade 0.94% lower — all else being equal — when TEI shares open for trading on 8/27/14.

Below is a dividend history chart for TEI, showing historical dividends prior to the most recent $0.135 declared by Toscana Energy Income Corp:

TEI+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 TEI is likely to continue, and whether the current estimated yield of 11.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TEI shares, versus its 200 day moving average:

Toscana Energy Income Corp 200 Day Moving Average Chart

Looking at the chart above, TEI's low point in its 52 week range is $13.30 per share, with $15.55 as the 52 week high point — that compares with a last trade of $14.40.

In Monday trading, Toscana Energy Income Corp shares are currently trading flat on the day.

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