Cash Dividend On The Way From Aston Hill Advantage Bond Fund (MBB-UN)

On 6/26/13, Aston Hill Advantage Bond Fund (TSX: MBB-UN.TO) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 7/15/13. As a percentage of MBB.UN's recent stock price of $11.67, this dividend works out to approximately 0.50%.

Below is a dividend history chart for MBB.UN, showing historical dividends prior to the most recent $0.0583 declared by Aston Hill Advantage Bond Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MBB.UN is likely to continue, and whether the current estimated yield of 6.00% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Aston Hill Advantage Bond Fund shares are currently trading flat on the day.