BMO Canadian Dividend ETF (ZDV) to Distribute Monthly Dividend of $0.07 on September 2nd

BMO Canadian Dividend ETF (TSE:ZDV) announced a monthly dividend on Friday, August 28th, TickerTech Dividends reports. Investors of record on Wednesday, September 2nd will be given a dividend of 0.075 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, August 28th.

BMO Canadian Dividend ETF Stock Down 0.8%

ZDV stock opened at C$33.32 on Friday. The business has a fifty day moving average price of C$33.02 and a 200 day moving average price of C$31.50. BMO Canadian Dividend ETF has a fifty-two week low of C$24.85 and a fifty-two week high of C$33.87.

About BMO Canadian Dividend ETF

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.