Ex-Div Reminder For BMO Equal Weight U.S. Banks Hedged To CAD Index ETF (ZUB)

On 6/25/13, BMO Equal Weight U.S. Banks Hedged to CAD Index ETF (ZUB.TO"> ZUB.TO) will trade ex-dividend, for its quarterly dividend of $0.068, payable on 7/5/13. As a percentage of ZUB's recent stock price of $17.05, this dividend works out to approximately 0.40%.

Below is a dividend history chart for ZUB, showing historical dividends prior to the most recent $0.068 declared by BMO Equal Weight U.S. Banks Hedged to CAD Index ETF:

ZUB+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 ZUB is likely to continue, and whether the current estimated yield of 1.60% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZUB shares, versus its 200 day moving average:

BMO Equal Weight U.S. Banks Hedged to CAD Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZUB's low point in its 52 week range is $12.30 per share, with $17.70 as the 52 week high point — that compares with a last trade of $16.94.

In Friday trading, BMO Equal Weight U.S. Banks Hedged to CAD Index ETF shares are currently up about 1.3% on the day.