On 9/26/14, Long Run Exploration Ltd (TSX: LRE.TO) will trade ex-dividend, for its monthly dividend of $0.035, payable on 10/15/14. As a percentage of LRE's recent stock price of $4.53, this dividend works out to approximately 0.77%, so look for shares of Long Run Exploration Ltd to trade 0.77% lower — all else being equal — when LRE shares open for trading on 9/26/14.

Below is a dividend history chart for LRE, showing historical dividends prior to the most recent $0.035 declared by Long Run Exploration Ltd:


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 9.28% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Long Run Exploration Ltd shares are currently up about 0.6% on the day.