Cash Dividend On The Way From Toscana Energy Income (TEI)

On 9/26/14, Toscana Energy Income Corp (TSX: TEI.TO) will trade ex-dividend, for its monthly dividend of $0.135, payable on 10/15/14. As a percentage of TEI's recent stock price of $13.65, this dividend works out to approximately 0.99%, so look for shares of Toscana Energy Income Corp to trade 0.99% lower — all else being equal — when TEI shares open for trading on 9/26/14.

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 11.87% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Toscana Energy Income Corp shares are currently up about 0.5% on the day.

More from Stocks

Tesla Is Taking Apple's Ecosystem Model Up a Notch

Tesla Is Taking Apple's Ecosystem Model Up a Notch

Dow Loses Steam as Yields Hover Near 3% Threshold

Dow Loses Steam as Yields Hover Near 3% Threshold

After Facebook, Google's Data Practices May Be Under Fire Next

After Facebook, Google's Data Practices May Be Under Fire Next

Video: Jim Cramer on What Trade Tariffs and Rising Rates Mean for Stocks

Video: Jim Cramer on What Trade Tariffs and Rising Rates Mean for Stocks

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)

The Stock Market Isn't Rigged, Just Look At The Odds (VIDEO)