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

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$33.50 and last traded at C$33.41, with a volume of 6621 shares changing hands. The stock had previously closed at C$33.24.

BMO Canadian Dividend ETF Stock Up 0.5%

The business has a fifty day simple moving average of C$32.66 and a 200 day simple moving average of C$31.03.

BMO Canadian Dividend ETF Dividend Announcement

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

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.

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