BMO Canadian Dividend ETF (TSE:ZDV) Sets New 1-Year High – What’s Next?

BMO Canadian Dividend ETF (TSE:ZDV) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$33.50 and last traded at C$33.41, with a volume of 6621 shares traded. The stock had previously closed at C$33.24.

BMO Canadian Dividend ETF Stock Up 0.7%

The business has a 50 day moving average price of C$32.72 and a 200 day moving average price of C$31.11.

BMO Canadian Dividend ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, August 5th were paid a $0.075 dividend. The ex-dividend date was Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.