NSU Ex-Dividend Reminder - 9/26/14

On 9/26/14, Nevsun Resources Ltd. (TSX: NSU.TO) will trade ex-dividend, for its quarterly dividend of $0.035, payable on 10/15/14. As a percentage of NSU's recent stock price of $4.07, this dividend works out to approximately 0.86%, so look for shares of Nevsun Resources Ltd. to trade 0.86% lower — all else being equal — when NSU shares open for trading on 9/26/14.

Below is a dividend history chart for NSU, showing historical dividends prior to the most recent $0.035 declared by Nevsun Resources Ltd.:

NSU+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 NSU is likely to continue, and whether the current estimated yield of 3.44% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NSU shares, versus its 200 day moving average:

Nevsun Resources Ltd. 200 Day Moving Average Chart

Looking at the chart above, NSU's low point in its 52 week range is $3.14 per share, with $4.74 as the 52 week high point — that compares with a last trade of $4.08.

In Wednesday trading, Nevsun Resources Ltd. shares are currently off about 0.2% on the day.

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