Cash Dividend On The Way From RBC Target 2015 Corporate Bond Index ETF (RQC)

On 9/22/14, RBC Target 2015 Corporate Bond Index ETF (TSX: RQC.TO) will trade ex-dividend, for its monthly dividend of $0.057, payable on 9/30/14. As a percentage of RQC's recent stock price of $19.37, this dividend works out to approximately 0.29%.

Below is a dividend history chart for RQC, showing historical dividends prior to the most recent $0.057 declared by RBC Target 2015 Corporate Bond Index ETF:

RQC+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 RQC is likely to continue, and whether the current estimated yield of 3.53% on annualized basis is a reasonable expectation of annual yield going forward.

In Thursday trading, RBC Target 2015 Corporate Bond Index ETF shares are currently trading flat on the day.

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