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HEX Ex-Dividend Reminder - 4/26/13

On 4/26/13, Horizons Enhanced Income Equity ETF (HEX.TO"> HEX.TO) will trade ex-dividend, for its monthly dividend of $0.0500, payable on 5/10/13. As a percentage of HEX's recent stock price of $6.96, this dividend works out to approximately 0.72%, so look for shares of Horizons Enhanced Income Equity ETF to trade 0.72% lower — all else being equal — when HEX shares open for trading on 4/26/13.

Below is a dividend history chart for HEX, showing historical dividends prior to the most recent $0.0500 declared by Horizons Enhanced Income Equity ETF:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HEX is likely to continue, and whether the current estimated yield of 8.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HEX shares, versus its 200 day moving average:

Horizons Enhanced Income Equity ETF 200 Day Moving Average Chart

Looking at the chart above, HEX's low point in its 52 week range is $6.80 per share, with $7.71 as the 52 week high point — that compares with a last trade of $6.96.

In Thursday trading, Horizons Enhanced Income Equity ETF shares are currently trading flat on the day.