BMO Canadian Dividend ETF (TSE:ZDV) Stock Price Down 0.2% – Here’s Why

Shares of BMO Canadian Dividend ETF (TSE:ZDV) were down 0.2% during mid-day trading on Monday . The stock traded as low as C$25.83 and last traded at C$25.85. Approximately 30,404 shares changed hands during trading, a decline of 30% from the average daily volume of 43,370 shares. The stock had previously closed at C$25.89.

BMO Canadian Dividend ETF Stock Down 0.2%

The business has a fifty day moving average of C$24.79 and a two-hundred day moving average of C$23.60.

BMO Canadian Dividend ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Wednesday, September 3rd were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

BMO Canadian Dividend ETF Company Profile

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.