BMO Aggregate Bond Index ETF (TSE:ZAG) to Issue $0.04 Monthly Dividend

BMO Aggregate Bond Index ETF (TSE:ZAG) announced a monthly dividend on Thursday, February 26th, TickerTech Dividends reports. Investors of record on Tuesday, March 3rd will be given a dividend of 0.039 per share on Tuesday, March 3rd. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date is Thursday, February 26th.

BMO Aggregate Bond Index ETF Trading Down 0.1%

Shares of ZAG opened at C$13.98 on Thursday. The firm has a 50-day moving average price of C$13.86 and a 200 day moving average price of C$13.88. BMO Aggregate Bond Index ETF has a 52-week low of C$13.58 and a 52-week high of C$14.23.

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.