BMO Long Provincial Bond Index ETF About To Put More Money In Your Pocket (ZPL)

On 10/28/13, BMO Long Provincial Bond Index ETF (TSX: ZPL.TO) will trade ex-dividend, for its monthly dividend of $0.048, payable on 11/6/13. As a percentage of ZPL's recent stock price of $13.99, this dividend works out to approximately 0.34%.

Below is a dividend history chart for ZPL, showing historical dividends prior to the most recent $0.048 declared by BMO Long Provincial Bond Index ETF:

ZPL+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 ZPL is likely to continue, and whether the current estimated yield of 4.12% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, BMO Long Provincial Bond Index ETF shares are currently trading flat on the day.
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