Cash Dividend On The Way From Northern Blizzard Resources Incorporated (NBZ)

On 6/26/15, Northern Blizzard Resources Incorporated (TSX: NBZ.TO) will trade ex-dividend, for its monthly dividend of $0.08, payable on 7/15/15. As a percentage of NBZ's recent stock price of $8.11, this dividend works out to approximately 0.99%, so look for shares of Northern Blizzard Resources Incorporated to trade 0.99% lower — all else being equal — when NBZ shares open for trading on 6/26/15.

Below is a dividend history chart for NBZ, showing historical dividends prior to the most recent $0.08 declared by Northern Blizzard Resources Incorporated:

NBZ+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 NBZ is likely to continue, and whether the current estimated yield of 11.84% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Northern Blizzard Resources Incorporated shares are currently up about 0.1% on the day.

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