Reminder - RBC Target 2014 Corporate Bond Index ETF (RQB) Goes Ex-Dividend Soon

On 9/20/13, RBC Target 2014 Corporate Bond Index ETF (TSX: RQB.TO) will trade ex-dividend, for its monthly dividend of $0.065, payable on 9/30/13. As a percentage of RQB's recent stock price of $19.22, this dividend works out to approximately 0.34%.

Below is a dividend history chart for RQB, showing historical dividends prior to the most recent $0.065 declared by RBC Target 2014 Corporate Bond Index ETF:

RQB+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 RQB is likely to continue, and whether the current estimated yield of 4.06% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, RBC Target 2014 Corporate Bond Index ETF shares are currently trading flat on the day.

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