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:


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.