BMO Canadian Dividend ETF (TSE:ZDV) Hits New 12-Month High – What’s Next?

BMO Canadian Dividend ETF (TSE:ZDVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$27.08 and last traded at C$27.08, with a volume of 5468 shares trading hands. The stock had previously closed at C$26.86.

BMO Canadian Dividend ETF Stock Up 0.8%

The stock’s 50 day simple moving average is C$26.22 and its 200 day simple moving average is C$24.89.

BMO Canadian Dividend ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.07 per share. The ex-dividend date was Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 3.1%.

About BMO Canadian Dividend ETF

(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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