Enervest Diversified Income Trust About To Put More Money In Your Pocket (EIT-UN)

On 5/21/15, Enervest Diversified Income Trust (TSX: EIT-UN.TO) will trade ex-dividend, for its monthly dividend of $0.10, payable on 6/15/15. As a percentage of EIT.UN's recent stock price of $12.31, this dividend works out to approximately 0.81%, so look for shares of Enervest Diversified Income Trust to trade 0.81% lower — all else being equal — when EIT.UN shares open for trading on 5/21/15.

Below is a dividend history chart for EIT.UN, showing historical dividends prior to the most recent $0.10 declared by Enervest Diversified Income Trust:

EIT.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 EIT.UN is likely to continue, and whether the current estimated yield of 9.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EIT.UN shares:

Enervest Diversified Income Trust 200 Day Moving Average Chart

Looking at the chart above, EIT.UN's low point in its 52 week range is $11.46 per share, with $12.74 as the 52 week high point — that compares with a last trade of $12.31.

In Tuesday trading, Enervest Diversified Income Trust shares are currently off about 0.1% on the day.

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