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

By Wealth Awesome -

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Dividend history

Mackenzie Global Fixed Income Allocation ETF

MGAB.TO

Full quote →
$0.000$0.033$0.0672025-05-01: $0.04962025-06-02: $0.05082025-07-02: $0.05762025-08-01: $0.06412025-09-02: $0.05592025-10-01: $0.05642025-11-03: $0.04982025-12-01: $0.03092025-12-30: $0.04882026-02-02: $0.04872026-03-02: $0.04532026-04-01: $0.04802026-05-01: $0.05302026-06-01: $0.05692026-07-02: $0.06562026-08-04: $0.0666May 25Dec 25Aug 26

Recent payments

$0.0666CAD

Ex: Aug 4, 2026

Pay: Aug 11

Monthly

$0.0656CAD

Ex: Jul 2, 2026

$0.0569CAD

Ex: Jun 1, 2026

$0.0530CAD

Ex: May 1, 2026

$0.0480CAD

Ex: Apr 1, 2026

$0.0453CAD

Ex: Mar 2, 2026

$0.0487CAD

Ex: Feb 2, 2026

$0.0488CAD

Ex: Dec 30, 2025

$0.0309CAD

Ex: Dec 1, 2025

$0.0498CAD

Ex: Nov 3, 2025


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.

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Mackenzie Global Fixed Income Allocation ETF

MGAB.TO

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MGAB.TO

Mackenzie Global Fixed Income Allocation ETF

Source:WealthAwesomeWealthAwesome
$0.48 (-2.80%)
120 day period
$16.56$16.89$17.22Oct 24Nov 3Jul 31

Market cap

$4.99M

Div. yield

365.00%

52W high

$17.05

52W low

$16.36

Beta

0.61

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

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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.


Dividend calendar

TickerMGAB.TO
AmountCA$0.0666
Ex-dividend2026-08-04
Record2026-08-04
Payment2026-08-11
Declared2026-07-27
Trailing yield365.00%
Stock pageMGAB.TO dividend history

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Wealth Awesome
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Wealth Awesome

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✅ 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.

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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.

Published: August 7, 2026
Last Updated: August 7, 2026

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