SDY Ex-Dividend Reminder - 6/26/15

On 6/26/15, Strad Energy Services Ltd. (TSX: SDY.TO) will trade ex-dividend, for its quarterly dividend of $0.07, payable on 7/10/15. As a percentage of SDY's recent stock price of $3.04, this dividend works out to approximately 2.30%, so look for shares of Strad Energy Services Ltd. to trade 2.30% lower — all else being equal — when SDY shares open for trading on 6/26/15.

Below is a dividend history chart for SDY, showing historical dividends prior to the most recent $0.07 declared by Strad Energy Services Ltd.:

SDY+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 SDY is likely to continue, and whether the current estimated yield of 9.21% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SDY shares, versus its 200 day moving average:

Strad Energy Services Ltd. 200 Day Moving Average Chart

Looking at the chart above, SDY's low point in its 52 week range is $2.55 per share, with $5.09 as the 52 week high point — that compares with a last trade of $3.04.

In Wednesday trading, Strad Energy Services Ltd. shares are currently up about 1.7% on the day.

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