Invesco Canadian Dividend Index ETF (TSX: PDC)
Canada
· Delayed Price · Currency is CAD | Assets | 755.45M |
| Expense Ratio | 0.54% |
| PE Ratio | 14.67 |
| Dividend (ttm) | 1.49 |
| Dividend Yield | 4.76% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 69.90% |
| 1-Year Return | +3.56% |
| Volume | 4,606 |
| Open | 31.50 |
| Previous Close | 31.38 |
| Day's Range | n/a |
| 52-Week Low | 26.71 |
| 52-Week High | 31.75 |
| Beta | 0.93 |
| Holdings | 50 |
| Inception Date | Jun 6, 2011 |
About PDC
The fund tracks an index of Canadian-listed companies from NASDAQ Canada Index who have increased their annual dividend payments for at least five consecutive years. Only certain securities are allowed for inclusion, those with voting rights in a company or limited partnership, common stocks and shares or units of beneficial interest, respectively. Index construction starts by ranking eligible securities by their annual dividend yield. From these, the top 60 companies are filtered by market cap, where the 45 largest companies are selected for inclusion in the index. The index also uses float adjusted market capitalization to weight each constituent, while capping each security at 8% of the funds value. Reconstitution is made annually and rebalancing is made quarterly.
Performance
PDC had a total return of 8.90% in the past year. Since the fund's inception, the average annual return has been 3.54%, including dividends.
Top 10 Holdings
59.84% of assets| Name | Symbol | Weight |
|---|---|---|
| The Toronto-Dominion Bank | TD | 8.09% |
| Royal Bank of Canada | RY | 8.01% |
| Enbridge Inc. | ENB | 8.00% |
| Bank of Montreal | BMO | 7.74% |
| Canadian Natural Resources Limited | CNQ | 7.67% |
| Manulife Financial Corporation | MFC | 4.22% |
| TC Energy Corporation | TRP | 4.12% |
| Sun Life Financial Inc. | SLF | 4.02% |
| Canadian Imperial Bank of Commerce | CM | 4.00% |
| The Bank of Nova Scotia | BNS | 3.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | 0.12518 CAD | Jul 8, 2024 |
| May 30, 2024 | 0.12544 CAD | Jun 7, 2024 |
| Apr 26, 2024 | 0.12393 CAD | May 7, 2024 |
| Mar 26, 2024 | 0.12716 CAD | Apr 5, 2024 |
| Feb 27, 2024 | 0.12848 CAD | Mar 7, 2024 |
| Jan 29, 2024 | 0.12296 CAD | Feb 7, 2024 |