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:

ZMP+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 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.

More from Stocks

Tesla Received Tip That Former Employee Was Going to 'Shoot the Place Up'

Tesla Received Tip That Former Employee Was Going to 'Shoot the Place Up'

Stocks Tumble as Dow Heads for Eighth Straight Drop

Stocks Tumble as Dow Heads for Eighth Straight Drop

Jim Cramer: Williams Sonoma Is a Digitized Play

Jim Cramer: Williams Sonoma Is a Digitized Play

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

This Is What's Hot Thursday - Stocks Slide, Intel's CEO Woes & Major Movers

Jim Cramer Weighs In on Intel CEO Resignation

Jim Cramer Weighs In on Intel CEO Resignation