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.
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