Reminder - BMO Short Provincial Bond Index ETF (ZPS) Goes Ex-Dividend Soon

On 2/25/14, BMO Short Provincial Bond Index ETF (TSX: ZPS.TO) will trade ex-dividend, for its monthly dividend of $0.039, payable on 3/6/14. As a percentage of ZPS's recent stock price of $14.42, this dividend works out to approximately 0.27%.

Below is a dividend history chart for ZPS, showing historical dividends prior to the most recent $0.039 declared by BMO Short Provincial Bond Index ETF:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZPS is likely to continue, and whether the current estimated yield of 3.25% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZPS shares, versus its 200 day moving average:

BMO Short Provincial Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZPS's low point in its 52 week range is $14.25 per share, with $14.65 as the 52 week high point — that compares with a last trade of $14.42.

In Friday trading, BMO Short Provincial Bond Index ETF shares are currently trading flat on the day.

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