Ex-Div Reminder for BMO High Yield US Corporate Bond Hedged to CAD Index ETF (ZHY)

On 2/25/14, BMO High Yield US Corporate Bond Hedged to CAD Index ETF (TSX: ZHY.TO) will trade ex-dividend, for its monthly dividend of $0.081, payable on 3/6/14. As a percentage of ZHY's recent stock price of $16.20, this dividend works out to approximately 0.50%.

Below is a dividend history chart for ZHY, showing historical dividends prior to the most recent $0.081 declared by BMO High Yield US Corporate Bond Hedged to CAD Index ETF:

ZHY+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 ZHY is likely to continue, and whether the current estimated yield of 6.00% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZHY shares, versus its 200 day moving average:

BMO High Yield US Corporate Bond Hedged to CAD Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZHY's low point in its 52 week range is $15.10 per share, with $16.48 as the 52 week high point — that compares with a last trade of $16.20.

In Friday trading, BMO High Yield US Corporate Bond Hedged to CAD Index ETF shares are currently down about 0.1% on the day.

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