RQI Ex-Dividend Reminder - 10/23/13

On 10/23/13, RBC Target 2021 Corporate Bond Index ETF (TSX: RQI.TO) will trade ex-dividend, for its monthly dividend of $0.071, payable on 10/31/13. As a percentage of RQI's recent stock price of $19.23, this dividend works out to approximately 0.37%.

Below is a dividend history chart for RQI, showing historical dividends prior to the most recent $0.071 declared by RBC Target 2021 Corporate Bond Index ETF:

RQI+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 RQI is likely to continue, and whether the current estimated yield of 4.43% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, RBC Target 2021 Corporate Bond Index ETF shares are currently trading flat on the day.

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