Ex-Div Reminder for Sciti Trust Units (SIN-UN)

On 12/24/14, Sciti Trust Units (TSX: SIN-UN.TO) will trade ex-dividend, for its monthly dividend of $0.0775, payable on 1/15/15. As a percentage of SIN.UN's recent stock price of $9.50, this dividend works out to approximately 0.82%, so look for shares of Sciti Trust Units to trade 0.82% lower — all else being equal — when SIN.UN shares open for trading on 12/24/14.

Below is a dividend history chart for SIN.UN, showing historical dividends prior to the most recent $0.0775 declared by Sciti Trust Units:

SIN.UN+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 SIN.UN is likely to continue, and whether the current estimated yield of 9.79% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SIN.UN shares:

Sciti Trust Units 200 Day Moving Average Chart

Looking at the chart above, SIN.UN's low point in its 52 week range is $8.80 per share, with $12.63 as the 52 week high point — that compares with a last trade of $9.50.

In Monday trading, Sciti Trust Units shares are currently trading flat on the day.

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