Dividend history
BMO US Preferred Share Index ETF (USD Units)
ZUP-U.TO
Recent payments
$0.1577CAD
Ex: Sep 29, 2026
Pay: Oct 2
$0.0724CAD
Ex: May 29, 2025
Pay: Jun 3
$0.0722CAD
Ex: Apr 29, 2025
Pay: May 2
$0.0700CAD
Ex: Mar 28, 2025
Pay: Apr 2
$0.0693CAD
Ex: Feb 27, 2025
Pay: Mar 4
$0.0694CAD
Ex: Jan 30, 2025
Pay: Feb 4
$0.0695CAD
Ex: Dec 30, 2024
Pay: Jan 3
$0.0713CAD
Ex: Nov 27, 2024
Pay: Dec 3
$0.0719CAD
Ex: Oct 30, 2024
Pay: Nov 4
$0.0741CAD
Ex: Sep 27, 2024
Pay: Oct 2
BMO US Preferred Share Index ETF (USD Units) has increased its dividend to CA$0.1577 from CA$0.0724, effective today, October 2, 2026.
This monthly dividend hike is a significant jump and reflects the ETF's commitment to delivering returns to its investors. It may be particularly appealing to Canadian retail investors holding this ETF in their TFSA or RRSP accounts.
Dividend Raised from CA$0.0724 to CA$0.1577
Advertisement
BMO US Preferred Share Index ETF (USD Units)
ZUP-U.TO
ZUP-U.TO
BMO US Preferred Share Index ETF (USD Units)
WealthAwesomeDiv. yield
612.00%
52W high
$18.14
52W low
$16.87
Beta
0.62
Advertisement
The latest dividend payment highlights the ETF's strong performance and effective management strategy.
Dividend Details
The new monthly payment of CA$0.1577 marks an increase from the previous CA$0.0724. This change was announced on September 22, 2026, with an ex-dividend date of September 29, 2026, and payment also scheduled for October 2, 2026. This is the 24th payment since the ETF started, with nine dividend increases noted in its history.
Advertisement
Context of the Raise
The dividend increase signals the ETF's solid market performance and its ability to generate income from its underlying assets. With a trailing yield of 612.00%, the ETF continues to attract investors looking for income-generating options. Its history of consistent dividend increases may boost confidence for both current and potential investors.
Dividend calendar
| Ticker | ZUP-U.TO |
| Amount | CA$0.1577 |
| Ex-dividend | 2026-09-29 |
| Record | 2026-09-29 |
| Payment | 2026-10-02 |
| Declared | 2026-09-22 |
| Trailing yield | 612.00% |
| Stock page | ZUP-U.TO dividend history |
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
