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Cash Dividend On The Way From S&P/TSX Capped Utilities Index Fund

On 4/23/13, S&P/TSX Capped Utilities Index Fund will trade ex-dividend, for its monthly dividend of $0.0738, payable on 4/30/13. As a percentage of XUT's recent stock price of $20.06, this dividend works out to approximately 0.37%.

Click here to find out which 9 other Canadian stocks going ex-dividend you should know about »

Below is a dividend history chart for XUT, showing historical dividends prior to the most recent $0.0738 declared by S&P/TSX Capped Utilities Index Fund:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from XUT is likely to continue, and whether the current estimated yield of 4.42% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of XUT shares, versus its 200 day moving average:

S&P/TSX Capped Utilities Index Fund 200 Day Moving Average Chart

Looking at the chart above, XUT's low point in its 52 week range is $19.40 per share, with $21.60 as the 52 week high point — that compares with a last trade of $20.06.

In Friday trading, S&P/TSX Capped Utilities Index Fund shares are currently trading flat on the day.