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

BMO Aggregate Bond Index ETF (TSE:ZAG) announced a monthly dividend on Thursday, July 30th, TickerTech Dividends reports. Investors of record on Wednesday, August 5th will be paid a dividend of 0.039 per share on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, July 30th.

BMO Aggregate Bond Index ETF Stock Performance

Shares of ZAG opened at C$13.68 on Thursday. BMO Aggregate Bond Index ETF has a 12-month low of C$13.53 and a 12-month high of C$14.11. The company’s 50-day moving average price is C$13.78 and its 200 day moving average price is C$13.78.

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.