Cash Dividend On The Way From TORC Oil & Gas (TOG)

On 5/27/15, TORC Oil & Gas Ltd. (TSX: TOG.TO) will trade ex-dividend, for its monthly dividend of $0.045, payable on 6/15/15. As a percentage of TOG's recent stock price of $9.67, this dividend works out to approximately 0.47%.

Below is a dividend history chart for TOG, showing historical dividends prior to the most recent $0.045 declared by TORC Oil & Gas Ltd.:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TOG is likely to continue, and whether the current estimated yield of 5.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TOG shares, versus its 200 day moving average:

TORC Oil & Gas Ltd. 200 Day Moving Average Chart

Looking at the chart above, TOG's low point in its 52 week range is $6.48 per share, with $16.33 as the 52 week high point — that compares with a last trade of $9.67.

In Tuesday trading, TORC Oil & Gas Ltd. shares are currently off about 0.5% on the day.

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