Ex-Div Reminder for RBC Target 2019 Corporate Bond Index ETF (RQG)

On 9/22/14, RBC Target 2019 Corporate Bond Index ETF (TSX: RQG.TO) will trade ex-dividend, for its monthly dividend of $0.064, payable on 9/30/14. As a percentage of RQG's recent stock price of $20.20, this dividend works out to approximately 0.32%.

Below is a dividend history chart for RQG, showing historical dividends prior to the most recent $0.064 declared by RBC Target 2019 Corporate 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 RQG is likely to continue, and whether the current estimated yield of 3.80% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, RBC Target 2019 Corporate Bond Index ETF shares are currently trading flat on the day.

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