BMO Short Corporate Bond Index ETF About To Put More Money In Your Pocket (ZCS)

On 9/25/14, BMO Short Corporate Bond Index ETF (TSX: ZCS.TO) will trade ex-dividend, for its monthly dividend of $0.043, payable on 10/6/14. As a percentage of ZCS's recent stock price of $14.77, this dividend works out to approximately 0.29%.

Below is a dividend history chart for ZCS, showing historical dividends prior to the most recent $0.043 declared by BMO Short Corporate Bond Index ETF:

ZCS+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 ZCS is likely to continue, and whether the current estimated yield of 3.49% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZCS shares, versus its 200 day moving average:

BMO Short Corporate Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZCS's low point in its 52 week range is $14.67 per share, with $14.89 as the 52 week high point — that compares with a last trade of $14.77.

In Tuesday trading, BMO Short Corporate Bond Index ETF shares are currently up about 0.1% on the day.

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