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| TTT Ex-Dividend Reminder - 6/28/11By Dividend Channel Staff, Friday, June 24, 1:21 PM ET
On 6/28/11, Terra Nova Royalty Corp (AMEX:TTT) will trade ex-dividend, for its quarterly dividend of $0.05, payable on 7/11/11. As a percentage of TTT's recent stock price of $7.53, this dividend works out to approximately 0.66%. Below is a dividend history chart for TTT, showing historical dividends prior to the most recent $0.05 declared by Terra Nova Royalty Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TTT is likely to continue, and whether the current estimated yield of 2.66% on annualized basis is a reasonable expectation of annual yield going forward.
TTT operates in the Non-Precious Metals & Non-Metallic Mining sector, among companies like Thompson Creek Metals Co., Inc. (NYSE:TC) which is off about 1% today, and Commercial Metals Co. (NYSE:CMC) trading lower by about 1.1%. Below is a three month price history chart comparing the stock performance of TTT, versus TC and CMC.
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