Cash Dividend On The Way From BMO Canadian Dividend ETF (ZDV)

On 2/25/14, BMO Canadian Dividend ETF (TSX: ZDV.TO) will trade ex-dividend, for its monthly dividend of $0.065, payable on 3/6/14. As a percentage of ZDV's recent stock price of $17.26, this dividend works out to approximately 0.38%.

Below is a dividend history chart for ZDV, showing historical dividends prior to the most recent $0.065 declared by BMO Canadian Dividend ETF:

ZDV+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 ZDV is likely to continue, and whether the current estimated yield of 4.52% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, BMO Canadian Dividend ETF shares are currently up about 0.2% on the day.

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