Reminder - Horizons Enhanced Income Equity ETF (HEX-A) Goes Ex-Dividend Soon

On 10/29/13, Horizons Enhanced Income Equity ETF (TSX: HEX-A.TO) will trade ex-dividend, for its monthly dividend of $0.0305, payable on 11/12/13. As a percentage of HEX.A's recent stock price of $7.20, this dividend works out to approximately 0.42%.

Below is a dividend history chart for HEX.A, showing historical dividends prior to the most recent $0.0305 declared by Horizons Enhanced Income Equity ETF:

HEX.A+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 HEX.A is likely to continue, and whether the current estimated yield of 5.08% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Horizons Enhanced Income Equity 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