ZXB Ex-Dividend Reminder - 6/25/13

On 6/25/13, BMO 2015 Corporate Bond Target Maturity ETF (ZXB.TO"> ZXB.TO) will trade ex-dividend, for its monthly dividend of $0.042, payable on 7/5/13. As a percentage of ZXB's recent stock price of $15.10, this dividend works out to approximately 0.28%.

Below is a dividend history chart for ZXB, showing historical dividends prior to the most recent $0.042 declared by BMO 2015 Corporate Bond Target Maturity ETF:

ZXB+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 ZXB is likely to continue, and whether the current estimated yield of 3.34% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZXB shares, versus its 200 day moving average:

BMO 2015 Corporate Bond Target Maturity ETF 200 Day Moving Average Chart

Looking at the chart above, ZXB's low point in its 52 week range is $15.08 per share, with $15.30 as the 52 week high point — that compares with a last trade of $15.10.

In Friday trading, BMO 2015 Corporate Bond Target Maturity ETF shares are currently trading flat on the day.