Cash Dividend On The Way From BMO Canadian Dividend ETF (ZDV)

On 10/28/13, BMO Canadian Dividend ETF (TSX: ZDV.TO) will trade ex-dividend, for its monthly dividend of $0.068, payable on 11/6/13. As a percentage of ZDV's recent stock price of $16.90, this dividend works out to approximately 0.40%.

Below is a dividend history chart for ZDV, showing historical dividends prior to the most recent $0.068 declared by BMO Canadian Dividend ETF:

ZDV+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 ZDV is likely to continue, and whether the current estimated yield of 4.83% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, BMO Canadian Dividend ETF shares are currently up about 0.1% on the day.

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