Ex-Div Reminder For Horizons Active Corporate Bond E (HAB)

On 10/29/13, Horizons Active Corporate Bond E (TSX: HAB.TO) will trade ex-dividend, for its monthly dividend of $0.0286, payable on 11/12/13. As a percentage of HAB's recent stock price of $10.55, this dividend works out to approximately 0.27%.

Below is a dividend history chart for HAB, showing historical dividends prior to the most recent $0.0286 declared by Horizons Active Corporate Bond E:

HAB+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 HAB is likely to continue, and whether the current estimated yield of 3.26% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HAB shares, versus its 200 day moving average:

Horizons Active Corporate Bond E 200 Day Moving Average Chart

Looking at the chart above, HAB's low point in its 52 week range is $10.27 per share, with $10.95 as the 52 week high point — that compares with a last trade of $10.55.

In Friday trading, Horizons Active Corporate Bond E shares are currently up about 0.1% on the day.

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