BMO 2020 Corporate Bond Target Maturity ETF About To Put More Money In Your Pocket (ZXC)

On 6/25/13, BMO 2020 Corporate Bond Target Maturity ETF (ZXC.TO"> ZXC.TO) will trade ex-dividend, for its monthly dividend of $0.054, payable on 7/5/13. As a percentage of ZXC's recent stock price of $16.00, this dividend works out to approximately 0.34%.

Below is a dividend history chart for ZXC, showing historical dividends prior to the most recent $0.054 declared by BMO 2020 Corporate Bond Target Maturity ETF:

ZXC+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 ZXC is likely to continue, and whether the current estimated yield of 4.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZXC shares, versus its 200 day moving average:

BMO 2020 Corporate Bond Target Maturity ETF 200 Day Moving Average Chart

Looking at the chart above, ZXC's low point in its 52 week range is $15.85 per share, with $16.39 as the 52 week high point — that compares with a last trade of $16.00.

In Friday trading, BMO 2020 Corporate Bond Target Maturity ETF shares are currently trading flat on the day.