PSB Ex-Dividend Reminder - 2/25/14

On 2/25/14, PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (TSX: PSB.TO) will trade ex-dividend, for its monthly dividend of $0.0700, payable on 3/7/14. As a percentage of PSB's recent stock price of $19.63, this dividend works out to approximately 0.36%.

Below is a dividend history chart for PSB, showing historical dividends prior to the most recent $0.0700 declared by PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF:

PSB+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 PSB is likely to continue, and whether the current estimated yield of 4.28% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF shares are currently trading flat on the day.

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