iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (TSX: CDZ)
Canada
· Delayed Price · Currency is CAD | Assets | 850.55M |
| Expense Ratio | 0.69% |
| PE Ratio | 13.21 |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 4.05% |
| Ex-Dividend Date | Jun 25, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 53.49% |
| 1-Year Return | +3.22% |
| Volume | 13,265 |
| Open | 31.28 |
| Previous Close | 31.20 |
| Day's Range | n/a |
| 52-Week Low | 27.05 |
| 52-Week High | 32.01 |
| Beta | 0.86 |
| Holdings | 93 |
| Inception Date | Sep 8, 2006 |
About CDZ
The fund provides a dividend play on the Canadian equity market. Starting with the companies listed on the Toronto Stock Exchange (TSX) that are part of the S&P Canada BMI, the fund selects at least 40 firms that have been consistently increasing dividends every year for at least five years. If fewer than 40 firms qualify for inclusion, the highest yielding companies with four years of eligible annual dividend growth patterns are selected. The fund may include large-, mid, and small-cap companies across various sector and industry groups. Selected securities are then weighted based on indicated annual dividend yield and are constrained such that no individual security exceeds 8% weight of the portfolio. The index rebalances annually.
Performance
CDZ had a total return of 3.22% in the past year. Since the fund's inception, the average annual return has been 2.49%, including dividends.
Top 10 Holdings
22.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Fiera Capital Corporation | FSZ | 2.98% |
| Enbridge Inc. | ENB | 2.47% |
| TC Energy Corporation | TRP | 2.38% |
| Capital Power Corporation | CPX | 2.28% |
| Allied Properties Real Estate Investment Trust | AP.UN | 2.20% |
| The Bank of Nova Scotia | BNS | 2.19% |
| Aecon Group Inc. | ARE | 2.18% |
| Pembina Pipeline Corporation | PPL | 2.08% |
| Canadian Western Bank | CWB | 2.07% |
| Manulife Financial Corporation | MFC | 2.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2024 | 0.108 CAD | Jun 28, 2024 |
| May 22, 2024 | 0.108 CAD | May 31, 2024 |
| Apr 24, 2024 | 0.108 CAD | Apr 30, 2024 |
| Mar 22, 2024 | 0.113 CAD | Mar 28, 2024 |
| Feb 23, 2024 | 0.113 CAD | Feb 29, 2024 |
| Jan 25, 2024 | 0.113 CAD | Jan 31, 2024 |