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ZWU Ex-Dividend Reminder - 6/25/13

On 6/25/13, BMO Covered Call Utilities ETF (ZWU.TO"> ZWU.TO) will trade ex-dividend, for its monthly dividend of $0.073, payable on 7/5/13. As a percentage of ZWU's recent stock price of $14.10, this dividend works out to approximately 0.52%, so look for shares of BMO Covered Call Utilities ETF to trade 0.52% lower — all else being equal — when ZWU shares open for trading on 6/25/13.

Below is a dividend history chart for ZWU, showing historical dividends prior to the most recent $0.073 declared by BMO Covered Call Utilities ETF:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZWU is likely to continue, and whether the current estimated yield of 6.21% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, BMO Covered Call Utilities ETF shares are currently up about 0.4% on the day.