ZXA Ex-Dividend Reminder - 5/28/13

On 5/28/13, BMO 2013 Corporate Bond Target Maturity ETF (ZXA.TO"> ZXA.TO) will trade ex-dividend, for its monthly dividend of $0.041, payable on 6/6/13. As a percentage of ZXA's recent stock price of $14.67, this dividend works out to approximately 0.28%.

Below is a dividend history chart for ZXA, showing historical dividends prior to the most recent $0.041 declared by BMO 2013 Corporate Bond Target Maturity ETF:

ZXA+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 ZXA is likely to continue, and whether the current estimated yield of 3.35% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZXA shares, versus its 200 day moving average:

BMO 2013 Corporate Bond Target Maturity ETF 200 Day Moving Average Chart

Looking at the chart above, ZXA's low point in its 52 week range is $14.65 per share, with $14.95 as the 52 week high point — that compares with a last trade of $14.67.

In Friday trading, BMO 2013 Corporate Bond Target Maturity ETF shares are currently trading flat on the day.