Ex-Div Reminder For Horizons Australian Dollar Currency ETF (ASD)

On 6/26/13, Horizons Australian Dollar Currency ETF (TSX: ASD.TO) will trade ex-dividend, for its monthly dividend of $0.0122, payable on 7/11/13. As a percentage of ASD's recent stock price of $9.62, this dividend works out to approximately 0.13%.

Below is a dividend history chart for ASD, showing historical dividends prior to the most recent $0.0122 declared by Horizons Australian Dollar Currency ETF:

ASD+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 ASD is likely to continue, and whether the current estimated yield of 1.52% on annualized basis is a reasonable expectation of annual yield going forward.

In Tuesday trading, Horizons Australian Dollar Currency ETF shares are currently trading flat on the day.

null

More from Stocks

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Dow Trades Higher, Nasdaq Regains Footing as Chipmakers Fall

Chip Stocks May Have Sold Off Too Much On Recent Spate of Bad News

Chip Stocks May Have Sold Off Too Much On Recent Spate of Bad News

Walmart Bulls Ring up Profits After Earnings Beat

Walmart Bulls Ring up Profits After Earnings Beat

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Tesla Has Lost 15% Since Musk's Take-Private Tweet

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings