BMO Canadian Dividend ETF (TSE:ZDV) Sets New 1-Year High – Should You Buy?

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$28.82 and last traded at C$28.63, with a volume of 49550 shares. The stock had previously closed at C$28.64.

BMO Canadian Dividend ETF Stock Up 0.1%

The firm has a 50 day moving average price of C$27.47 and a two-hundred day moving average price of C$26.04.

BMO Canadian Dividend ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Tuesday, December 2nd were paid a dividend of $0.07 per share. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date was Wednesday, November 26th.

About BMO Canadian Dividend ETF

(Get Free Report)

The ETF seeks to provide a balance of income and potential for long-term capital appreciation, primarily by investing in ETFs that provide exposure to a diversified portfolio of global equity and fixed income securities. To achieve investment objective the investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are held in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF to obtain exposure to the performance of the Index.

Further Reading

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