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Reminder - Horizons Active High Yield Bond ETF Balanced (HYI) Goes Ex-Dividend Soon

On 6/26/13, Horizons Active High Yield Bond ETF Balanced (HYI.TO"> HYI.TO) will trade ex-dividend, for its monthly dividend of $0.0552, payable on 7/11/13. As a percentage of HYI's recent stock price of $9.65, this dividend works out to approximately 0.57%, so look for shares of Horizons Active High Yield Bond ETF Balanced to trade 0.57% lower — all else being equal — when HYI shares open for trading on 6/26/13.

Below is a dividend history chart for HYI, showing historical dividends prior to the most recent $0.0552 declared by Horizons Active High Yield Bond ETF Balanced:

HYI+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 HYI is likely to continue, and whether the current estimated yield of 6.86% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, Horizons Active High Yield Bond ETF Balanced shares are currently down about 8.4% on the day.