BMO Canadian Dividend ETF (TSE:ZDV) Sets New 52-Week High – Still a Buy?

BMO Canadian Dividend ETF (TSE:ZDV) shares 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 Performance

The business has a 50-day moving average price of C$26.22 and a 200 day moving average price of C$24.89.

BMO Canadian Dividend ETF Dividend Announcement

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

About BMO Canadian Dividend ETF

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.