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ZDV

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--%
1d
1w
1m

Analysis and statistics

  • Open
    24.6209$
  • Previous Close
    24.4149$
  • 52 Week Change
    --
  • Day Range
    0.21$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ZDV.TO is the ticker symbol for the BMO Canadian Dividend ETF, a Canadian exchange-traded fund (ETF) managed by BMO Asset Management. This ETF aims to provide investors with exposure to a portfolio of dividend-paying Canadian companies. It tracks an index, typically the BMO Canadian Dividend Index, which is designed to represent the performance of Canadian dividend stocks that meet certain dividend yield and payout ratio criteria. ZDV.TO is listed on the Toronto Stock Exchange (TSX).
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Factors

Dividend Yield: Higher yields attract investors, boosting demand and price. Lower yields may lead to selling and price decline.

Interest Rates: Rising rates make fixed income alternatives more appealing, potentially decreasing demand for ZDV.TO and lowering its price. Falling rates often increase ZDV.TO's attractiveness.

Underlying Holdings: The performance of the dividend-paying stocks within ZDV.TO's portfolio directly impacts its value. Good performance drives up the price; poor performance reduces it.

Market Sentiment: Overall investor confidence and risk appetite influence demand for dividend-focused ETFs like ZDV.TO. Positive sentiment can increase prices, while negative sentiment can decrease them.

ETF Supply/Demand: Basic economic principles apply. High demand relative to the available supply of ZDV.TO shares pushes the price upward. Increased supply relative to demand can lower the price.

Management Fees: While not a direct driver, higher management fees can subtly reduce the overall return and potentially affect investor interest compared to similar, lower-fee ETFs.

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