Ex-Div Reminder for BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (ZWA)

On 2/25/14, BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF (TSX: ZWA.TO) will trade ex-dividend, for its monthly dividend of $0.071, payable on 3/6/14. As a percentage of ZWA's recent stock price of $18.79, this dividend works out to approximately 0.38%.

Below is a dividend history chart for ZWA, showing historical dividends prior to the most recent $0.071 declared by BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF:

ZWA+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 ZWA is likely to continue, and whether the current estimated yield of 4.53% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF shares are currently down about 0.1% on the day.

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