iShares Canadian Select Dividend Index ETF (TSX: XDV)
Canada
· Delayed Price · Currency is CAD | Assets | 1.50B |
| Expense Ratio | 0.56% |
| PE Ratio | 12.44 |
| Dividend (ttm) | 1.37 |
| Dividend Yield | 5.04% |
| Ex-Dividend Date | Jun 25, 2024 |
| Payout Frequency | Monthly |
| Payout Ratio | 62.73% |
| 1-Year Return | -2.26% |
| Volume | 63,410 |
| Open | 27.11 |
| Previous Close | 27.04 |
| Day's Range | n/a |
| 52-Week Low | 24.30 |
| 52-Week High | 28.52 |
| Beta | 0.89 |
| Holdings | 32 |
| Inception Date | Dec 19, 2005 |
About XDV
The fund is passively managed to provide exposure to the Canadian high-dividend space. The index starts with all dividend-paying companies listed on the Toronto Stock Exchange and constituents of S&P Canada BMI, excluding income trusts. Eligible securities are screened for positive EPS and undergo a robust sustainability screen, designed to ensure that companies pay steady and rising dividends by using five-year dividend growth, payout ratio and payment history criteria. XDV aims to hold a narrow portfolio of 30 stocks, which are selected and weighted based on dividend yield, subject to a 10% cap per issuer. The index is generally rebalanced annually.
Performance
XDV had a total return of 2.83% in the past year. Since the fund's inception, the average annual return has been 1.62%, including dividends.
Top 10 Holdings
58.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Canadian Tire Corporation, Limited | CTC.A | 8.82% |
| Royal Bank of Canada | RY | 7.94% |
| Bank of Montreal | BMO | 7.46% |
| National Bank of Canada | NA | 5.63% |
| The Bank of Nova Scotia | BNS | 5.28% |
| TC Energy Corporation | TRP | 4.99% |
| Canadian Imperial Bank of Commerce | CM | 4.92% |
| The Toronto-Dominion Bank | TD | 4.90% |
| BCE Inc. | BCE | 4.58% |
| Sun Life Financial Inc. | SLF | 3.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2024 | 0.113 CAD | Jun 28, 2024 |
| May 22, 2024 | 0.113 CAD | May 31, 2024 |
| Apr 24, 2024 | 0.113 CAD | Apr 30, 2024 |
| Mar 22, 2024 | 0.120 CAD | Mar 28, 2024 |
| Feb 23, 2024 | 0.120 CAD | Feb 29, 2024 |
| Jan 25, 2024 | 0.120 CAD | Jan 31, 2024 |