HFR Ex-Dividend Reminder - 6/26/13

On 6/26/13, Horizons Active Floating Rate Bond ETF (TSX: HFR.TO) will trade ex-dividend, for its monthly dividend of $0.0206, payable on 7/11/13. As a percentage of HFR's recent stock price of $10.21, this dividend works out to approximately 0.20%.

Below is a dividend history chart for HFR, showing historical dividends prior to the most recent $0.0206 declared by Horizons Active Floating Rate Bond ETF:

HFR+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 HFR is likely to continue, and whether the current estimated yield of 2.42% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Horizons Active Floating Rate Bond ETF shares are currently up about 0.1% on the day.

null

More from Stocks

Dow Logs Eighth Straight Drop as Stocks Slump

Dow Logs Eighth Straight Drop as Stocks Slump

Novo Nordisk Stock Rises 4% Over 2 Sessions

Novo Nordisk Stock Rises 4% Over 2 Sessions

Stock Market Just Took Another Beating -- Here's What You Need to Know

Stock Market Just Took Another Beating -- Here's What You Need to Know

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins

Daimler's Profit Warning Should Terrify Traders Before Earnings Season Begins