BMO Canadian Dividend ETF (TSE:ZDV) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Shares of BMO Canadian Dividend ETF (TSE:ZDV) passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of C$33.09 and traded as high as C$33.35. BMO Canadian Dividend ETF shares last traded at C$33.21, with a volume of 135,052 shares trading hands.

BMO Canadian Dividend ETF Stock Performance

The stock’s fifty day moving average price is C$33.09 and its two-hundred day moving average price is C$31.71.

BMO Canadian Dividend ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 3rd. Shareholders of record on Tuesday, November 3rd were given a dividend of $0.0750 per share. The ex-dividend date of this dividend was Thursday, October 29th. This represents a $0.90 dividend on an annualized basis and a yield of 2.7%.

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.