BMO dividend fund is a Canadian open-end fund, paying dividend revenue and capital growth gain. Fund funds are mainly invested in dividend-yielding common and preferred stocks of Canadian corporates.
Bank of Montreal usually pays dividends to its stockholders 3-4 times per year every quarter. The exact BMO dividend dates can be seen in the financial calendar.
BMO Canadian dividend ETF provides an average level of income with a moderate level of risk by investing the fund's resources in shares of reliable Canadian companies, the choice of which is based on the analysis of the three-year dividend growth rate.
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