RQE Ex-Dividend Reminder - 9/20/13
On 9/20/13, RBC Target 2017 Corporate Bond Index ETF (TSX: RQE.TO) will trade ex-dividend, for its monthly dividend of $0.062, payable on 9/30/13. As a percentage of RQE's recent stock price of $19.78, this dividend works out to approximately 0.31%.
Below is a dividend history chart for RQE, showing historical dividends prior to the most recent $0.062 declared by RBC Target 2017 Corporate Bond Index ETF:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RQE is likely to continue, and whether the current estimated yield of 3.76% on annualized basis is a reasonable expectation of annual yield going forward.In Wednesday trading, RBC Target 2017 Corporate Bond Index ETF shares are currently trading flat on the day.
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