BMO Canadian Dividend ETF (TSE:ZDV) Plans Monthly Dividend of $0.07

BMO Canadian Dividend ETF (TSE:ZDV) declared a monthly dividend on Thursday, July 30th, TickerTech Dividends reports. Shareholders of record on Wednesday, August 5th will be given a dividend of 0.075 per share on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, July 30th.

BMO Canadian Dividend ETF Trading Up 0.8%

Shares of ZDV opened at C$33.29 on Friday. The company’s fifty day moving average is C$32.49 and its two-hundred day moving average is C$30.79. BMO Canadian Dividend ETF has a fifty-two week low of C$23.78 and a fifty-two week high of C$33.43.

BMO Canadian Dividend ETF Company Profile

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.