ZRE Ex-Dividend Reminder - 2/25/14

On 2/25/14, BMO Equal Weight REITs Index ETF (TSX: ZRE.TO) will trade ex-dividend, for its monthly dividend of $0.083, payable on 3/6/14. As a percentage of ZRE's recent stock price of $19.22, this dividend works out to approximately 0.43%.

Below is a dividend history chart for ZRE, showing historical dividends prior to the most recent $0.083 declared by BMO Equal Weight REITs Index ETF:

ZRE+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 ZRE is likely to continue, and whether the current estimated yield of 5.18% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZRE shares, versus its 200 day moving average:

BMO Equal Weight REITs Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZRE's low point in its 52 week range is $17.80 per share, with $21.67 as the 52 week high point — that compares with a last trade of $19.20.

In Friday trading, BMO Equal Weight REITs Index ETF shares are currently up about 0.1% on the day.

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