BMO Canadian Dividend ETF (TSE:ZDV) Sets New 52-Week High – Time to Buy?

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as C$33.87 and last traded at C$33.87, with a volume of 12571 shares trading hands. The stock had previously closed at C$33.78.

BMO Canadian Dividend ETF Price Performance

The stock’s 50 day moving average price is C$32.78 and its two-hundred day moving average price is C$31.18.

BMO Canadian Dividend ETF Announces Dividend

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

BMO Canadian Dividend ETF Company Profile

(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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