Brompton Global Dividend Growth ETF (TSE:BDIV) Shares Down 2.9% – Time to Sell?

Brompton Global Dividend Growth ETF (TSE:BDIV) fell 2.9% during trading on Thursday. The company traded as low as C$23.15 and last traded at C$23.15. 1,544 shares changed hands during trading, an increase of 57% from the average session volume of 984 shares. The stock had previously closed at C$23.85.

Brompton Global Dividend Growth ETF Price Performance

The business’s 50-day moving average price is C$24.23 and its two-hundred day moving average price is C$24.73.

Brompton Global Dividend Growth ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 8th. Shareholders of record on Tuesday, December 8th will be paid a $0.14 dividend. This represents a $1.68 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Monday, November 30th.

About Brompton Global Dividend Growth ETF

Brompton Global Dividend Growth ETF is designed to provide unitholders with stable monthly cash distributions, the opportunity for capital appreciation; and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of global dividend growth companies directly… The Fund seeks to achieve its investment objectives by investing in an actively managed portfolio consisting of global dividend growth companies with a market capitalization of at least 10 billion dollars that have a history or, in the Managers view, a future likelihood of dividend growth.