BMO Canadian Dividend ETF (TSE:ZDV) Reaches New 52-Week High – Still a Buy?

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$26.36 and last traded at C$26.36, with a volume of 37509 shares. The stock had previously closed at C$26.11.

BMO Canadian Dividend ETF Stock Up 1.0%

The company’s fifty day moving average is C$25.75 and its 200 day moving average is C$24.40.

BMO Canadian Dividend ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, September 3rd were issued a $0.07 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, August 28th.

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.

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