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Ex-Div Reminder for ING Prime Rate Trust (PPR)

By Dividend Channel Staff, Thursday, October 4, 10:16 AM ET
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On 10/5/12, ING Prime Rate Trust (NYSE:PPR) will trade ex-dividend, for its monthly dividend of $0.036, payable on 10/22/12. As a percentage of PPR's recent stock price of $6.27, this dividend works out to approximately 0.57%.

Below is a dividend history chart for PPR, showing historical dividends prior to the most recent $0.036 declared by ING Prime Rate Trust:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PPR is likely to continue, and whether the current estimated yield of 6.89% on annualized basis is a reasonable expectation of annual yield going forward.


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According to the ETF Finder at ETF Channel, PPR makes up 1.33% of the CEF Income Composite Portfolio ETF (AMEX:PCEF) which is trading relatively unchanged on the day Thursday.

     See what other ETFs contain PPR »
     See what other stocks are held by PCEF »

In Thursday trading, ING Prime Rate Trust shares are currently up about 0.5% on the day.

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