Cash Dividend On The Way From Vanguard Canadian Short-Term Corporate Bond Index ETF (VSC)

On 9/24/14, Vanguard Canadian Short-Term Corporate Bond Index ETF (TSX: VSC.TO) will trade ex-dividend, for its monthly dividend of $0.0590, payable on 10/1/14. As a percentage of VSC's recent stock price of $25.01, this dividend works out to approximately 0.24%.

Below is a dividend history chart for VSC, showing historical dividends prior to the most recent $0.0590 declared by Vanguard Canadian Short-Term Corporate Bond Index ETF:

VSC+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 VSC is likely to continue, and whether the current estimated yield of 2.83% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of VSC shares:

Vanguard Canadian Short-Term Corporate Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, VSC's low point in its 52 week range is $24.75 per share, with $25.22 as the 52 week high point — that compares with a last trade of $25.01.

In Monday trading, Vanguard Canadian Short-Term Corporate Bond Index ETF shares are currently up about 0.2% on the day.

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