Mackenzie Global Fixed Income Allocation ETF (MGAB.TO) has paid dividends for 3+ years

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The Mackenzie Global Fixed Income Allocation ETF has a solid track record of paying dividends consistently over the past three years.

This ETF (MGAB.TO) has made 36 dividend payments during that time, showing its commitment to providing value to investors.

Investor takeaway: For Canadian retail investors, the ETF's monthly dividends can be a dependable income source, especially when held in registered accounts like a TFSA or RRSP.

36 Payments and 21 Raises

Since its launch, the ETF has increased its dividend amount 21 times, demonstrating a strong dedication to enhancing shareholder value.

Dividend Payment History

The Mackenzie Global Fixed Income Allocation ETF has built a strong dividend payment history, with 36 payments made in the last three years. It pays dividends monthly, with the most recent ex-dividend date on August 4, 2026, and the next payment scheduled for August 11, 2026. The current dividend is CA$0.0666 CAD, up from CA$0.0656 CAD.

Dividend Increases

Throughout its history, the ETF has raised its dividend amount 21 times. This consistent growth shows a commitment to delivering value to investors and suggests a positive outlook for the fund's performance. Regular dividend increases can be especially attractive for those looking for reliable income streams.

Investment Considerations

For Canadian retail investors, the Mackenzie Global Fixed Income Allocation ETF offers exposure to fixed income investments along with regular dividend payments. Holding this ETF in registered accounts like a TFSA or RRSP can improve tax efficiency for those looking to maximize their returns. Its established payment history and consistent dividend increases make it an appealing option for stable investments.

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Dividend calendar