Ex-Div Reminder for PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (PSB)

On 9/25/14, PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF (TSX: PSB.TO) will trade ex-dividend, for its monthly dividend of $0.0662, payable on 10/7/14. As a percentage of PSB's recent stock price of $19.48, this dividend works out to approximately 0.34%.

Below is a dividend history chart for PSB, showing historical dividends prior to the most recent $0.0662 declared by PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF:

PSB+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 PSB is likely to continue, and whether the current estimated yield of 4.08% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of PSB shares:

PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF 200 Day Moving Average Chart

Looking at the chart above, PSB's low point in its 52 week range is $19.40 per share, with $19.73 as the 52 week high point — that compares with a last trade of $19.48.

In Tuesday trading, PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF shares are currently up about 0.1% on the day.

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