Horizons Enhanced Income Energy ETF About To Put More Money In Your Pocket

On 4/26/13, Horizons Enhanced Income Energy ETF (HEE.TO"> HEE.TO) will trade ex-dividend, for its monthly dividend of $0.0473, payable on 5/10/13. As a percentage of HEE's recent stock price of $5.90, this dividend works out to approximately 0.80%, so look for shares of Horizons Enhanced Income Energy ETF to trade 0.80% lower — all else being equal — when HEE shares open for trading on 4/26/13.

Below is a dividend history chart for HEE, showing historical dividends prior to the most recent $0.0473 declared by Horizons Enhanced Income Energy ETF:

HEE+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 HEE is likely to continue, and whether the current estimated yield of 9.62% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HEE shares, versus its 200 day moving average:

Horizons Enhanced Income Energy ETF 200 Day Moving Average Chart

Looking at the chart above, HEE's low point in its 52 week range is $5.66 per share, with $7.29 as the 52 week high point — that compares with a last trade of $5.90.

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