Ex-Div Reminder For BMO Mid Provincial Bond Index ETF (ZMP)

On 2/25/14, BMO Mid Provincial Bond Index ETF (TSX: ZMP.TO) will trade ex-dividend, for its monthly dividend of $0.043, payable on 3/6/14. As a percentage of ZMP's recent stock price of $14.72, this dividend works out to approximately 0.29%.

Below is a dividend history chart for ZMP, showing historical dividends prior to the most recent $0.043 declared by BMO Mid 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 ZMP is likely to continue, and whether the current estimated yield of 3.51% on annualized basis is a reasonable expectation of annual yield going forward.

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

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