ZMU Ex-Dividend Reminder - 2/25/14

On 2/25/14, BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF (TSX: ZMU.TO) will trade ex-dividend, for its monthly dividend of $0.046, payable on 3/6/14. As a percentage of ZMU's recent stock price of $14.61, this dividend works out to approximately 0.31%.

Below is a dividend history chart for ZMU, showing historical dividends prior to the most recent $0.046 declared by BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF:

ZMU+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 ZMU is likely to continue, and whether the current estimated yield of 3.78% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF shares are currently trading flat on the day.

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