Brompton Global Dividend Growth ETF (TSE:BDIV) Trading Down 1% – Should You Sell?

Shares of Brompton Global Dividend Growth ETF (TSE:BDIV) were down 1% on Friday . The stock traded as low as C$23.96 and last traded at C$23.96. Approximately 912 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 757 shares. The stock had previously closed at C$24.19.

Brompton Global Dividend Growth ETF Trading Down 1.0%

The firm has a 50-day moving average of C$24.11 and a 200 day moving average of C$23.61.

Brompton Global Dividend Growth ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Friday, December 12th were issued a dividend of $0.12 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Friday, November 28th.

Brompton Global Dividend Growth ETF Company Profile

Brompton Global Dividend Growth ETF is designed to provide unitholders with stable monthly cash distributions, the opportunity for capital appreciation; and lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of global dividend growth companies directly… The Fund seeks to achieve its investment objectives by investing in an actively managed portfolio consisting of global dividend growth companies with a market capitalization of at least 10 billion dollars that have a history or, in the Managers view, a future likelihood of dividend growth.