SGL Ex-Dividend Reminder - 11/26/14

On 11/26/14, Spyglass Resources Corp (TSX: SGL.TO) will trade ex-dividend, for its monthly dividend of $0.015, payable on 12/15/14. As a percentage of SGL's recent stock price of $0.78, this dividend works out to approximately 1.92%, so look for shares of Spyglass Resources Corp to trade 1.92% lower — all else being equal — when SGL shares open for trading on 11/26/14.

Below is a dividend history chart for SGL, showing historical dividends prior to the most recent $0.015 declared by Spyglass Resources Corp:

SGL+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 SGL is likely to continue, and whether the current estimated yield of 23.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SGL shares, versus its 200 day moving average:

Spyglass Resources Corp 200 Day Moving Average Chart

Looking at the chart above, SGL's low point in its 52 week range is $0.72 per share, with $2.14 as the 52 week high point — that compares with a last trade of $0.78.

In Monday trading, Spyglass Resources Corp shares are currently down about 1.3% on the day.

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