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.

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