TBE Ex-Dividend Reminder - 6/26/15

On 6/26/15, Twin Butte Energy Ltd (TSX: TBE.TO) will trade ex-dividend, for its monthly dividend of $0.01, payable on 7/15/15. As a percentage of TBE's recent stock price of $0.75, this dividend works out to approximately 1.33%, so look for shares of Twin Butte Energy Ltd to trade 1.33% lower — all else being equal — when TBE shares open for trading on 6/26/15.

Below is a dividend history chart for TBE, showing historical dividends prior to the most recent $0.01 declared by Twin Butte Energy Ltd:

TBE+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 TBE is likely to continue, and whether the current estimated yield of 16.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TBE shares, versus its 200 day moving average:

Twin Butte Energy Ltd 200 Day Moving Average Chart

Looking at the chart above, TBE's low point in its 52 week range is $0.65 per share, with $1.94 as the 52 week high point — that compares with a last trade of $0.75.

In Wednesday trading, Twin Butte Energy Ltd shares are currently up about 1.4% on the day.

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