Ex-Div Reminder For PowerShares Tactical Bond ETF (PTB)

On 10/28/13, PowerShares Tactical Bond ETF (TSX: PTB.TO) will trade ex-dividend, for its monthly dividend of $0.0672, payable on 11/7/13. As a percentage of PTB's recent stock price of $19.20, this dividend works out to approximately 0.35%.

Below is a dividend history chart for PTB, showing historical dividends prior to the most recent $0.0672 declared by PowerShares Tactical Bond ETF:

PTB+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 PTB is likely to continue, and whether the current estimated yield of 4.20% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, PowerShares Tactical Bond ETF shares are currently trading flat on the day.
null

If you liked this article you might like

Medicure Breaks Above 200-Day Moving Average - Bullish For MPH

CWL Crosses Above Key Moving Average Level

Financial 15 Split Corporation II (FFN) Shares Cross Above 200 DMA

Top 20 Dividend (TTY-UN) Shares Cross 7% Yield Mark

US Housing Recovery Fund Class A (USH-UN) Shares Cross 6% Yield Mark