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BMO Low Volatility Canadian Equity ETF About To Put More Money In Your Pocket (ZLB)

On 6/25/13, BMO Low Volatility Canadian Equity ETF (ZLB.TO"> ZLB.TO) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 7/5/13. As a percentage of ZLB's recent stock price of $18.57, this dividend works out to approximately 0.59%, so look for shares of BMO Low Volatility Canadian Equity ETF to trade 0.59% lower — all else being equal — when ZLB shares open for trading on 6/25/13.

Below is a dividend history chart for ZLB, showing historical dividends prior to the most recent $0.11 declared by BMO Low Volatility Canadian Equity ETF:

ZLB+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 ZLB is likely to continue, and whether the current estimated yield of 2.37% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, BMO Low Volatility Canadian Equity ETF shares are currently up about 0.5% on the day.