Brompton Global Dividend Growth ETF (TSE:BDIV) Trading 0.5% Higher – Still a Buy?

Brompton Global Dividend Growth ETF (TSE:BDIV) shot up 0.5% during mid-day trading on Monday . The stock traded as high as C$26.01 and last traded at C$26.01. Approximately 254 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 981 shares. The stock had previously closed at C$25.89.

Brompton Global Dividend Growth ETF Trading Up 0.5%

The business’s 50-day moving average price is C$25.20 and its 200 day moving average price is C$24.51.

Brompton Global Dividend Growth ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, June 8th. Investors of record on Monday, June 8th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a c) annualized dividend and a yield of 5.8%.

About Brompton Global Dividend Growth ETF

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.