Ex-Div Reminder for Trez Capital Senior Mortgage Investment (TZS)

On 11/26/14, Trez Capital Senior Mortgage Investment (TSX: TZS.TO) will trade ex-dividend, for its monthly dividend of $0.045, payable on 12/15/14. As a percentage of TZS's recent stock price of $8.20, this dividend works out to approximately 0.55%, so look for shares of Trez Capital Senior Mortgage Investment to trade 0.55% lower — all else being equal — when TZS shares open for trading on 11/26/14.

Below is a dividend history chart for TZS, showing historical dividends prior to the most recent $0.045 declared by Trez Capital Senior Mortgage Investment:

TZS+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 TZS is likely to continue, and whether the current estimated yield of 6.59% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TZS shares:

Trez Capital Senior Mortgage Investment 200 Day Moving Average Chart

Looking at the chart above, TZS's low point in its 52 week range is $7.83 per share, with $8.97 as the 52 week high point — that compares with a last trade of $8.20.

In Monday trading, Trez Capital Senior Mortgage Investment shares are currently up about 1.1% on the day.

More from Stocks

Stocks Trade Mixed, Energy Shares Fall on Sharp Drop in Oil Prices

Stocks Trade Mixed, Energy Shares Fall on Sharp Drop in Oil Prices

Jim Cramer: Intuit Had a Fantastic Quarter

Jim Cramer: Intuit Had a Fantastic Quarter

Jim Cramer on Foot Locker's Earnings: Nike Is a Buy

Jim Cramer on Foot Locker's Earnings: Nike Is a Buy

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Top U.S. Regulators May Be Sowing the Seeds of the Next Financial Crisis

Top U.S. Regulators May Be Sowing the Seeds of the Next Financial Crisis