BMO Aggregate Bond Index ETF (ZAG) to Issue Monthly Dividend of $0.04 on September 2nd

BMO Aggregate Bond Index ETF (TSE:ZAG) announced a monthly dividend on Friday, August 28th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.039 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, August 28th.

BMO Aggregate Bond Index ETF Stock Performance

ZAG stock opened at C$13.53 on Friday. BMO Aggregate Bond Index ETF has a twelve month low of C$13.51 and a twelve month high of C$14.11. The stock’s 50 day moving average is C$13.69 and its 200-day moving average is C$13.74.

About BMO Aggregate Bond Index ETF

The ETF seeks to replicate, to the extent possible, the performance of an aggregate bond index, net of expenses. 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 reflected in the Index. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities to obtain exposure to the performance of the Index.