Ex-Div Reminder For RBC Target 2013 Corporate Bond Index ETF (RQA)

On 9/20/13, RBC Target 2013 Corporate Bond Index ETF (TSX: RQA.TO) will trade ex-dividend, for its monthly dividend of $0.03, payable on 9/30/13. As a percentage of RQA's recent stock price of $18.93, this dividend works out to approximately 0.16%.

Below is a dividend history chart for RQA, showing historical dividends prior to the most recent $0.03 declared by RBC Target 2013 Corporate Bond Index ETF:

RQA+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 RQA is likely to continue, and whether the current estimated yield of 1.90% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, RBC Target 2013 Corporate Bond Index ETF shares are currently trading flat on the day.

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