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

The Mackenzie Global Fixed Income Allocation ETF (MGAB.TO) has a solid track record of paying dividends since it started. Over about 3.1 years, it has made 37 payments, showing its commitment to delivering value to investors through regular distributions.

Investor Takeaway: For Canadian retail investors, especially those using registered accounts like TFSA or RRSP, the consistent dividends from MGAB.TO can boost your portfolio income.

37 Dividend Payments and 22 Increases

This ETF has increased its dividend amount 22 times since it began paying dividends.

Dividend Payment History

MGAB.TO has a strong history of dividend payments, with 37 payments made since its launch. It pays dividends monthly, with the latest declared on August 25, 2026, and an ex-dividend date of September 1, 2026. The next payment is scheduled for September 9, 2026, where investors will receive CA$0.0668 CAD per unit.

Dividend Increases

MGAB.TO has not only maintained regular payments but has also increased its dividend amount 22 times. This consistent growth reflects the ETF's commitment to enhancing shareholder value. The previous dividend amount was CA$0.0666 CAD, showing a slight increase in the latest distribution.

Investment Considerations

For Canadian retail investors, the Mackenzie Global Fixed Income Allocation ETF can be a reliable source of income through its steady dividend payments. Holding this ETF in registered accounts like TFSA or RRSP can offer tax advantages, helping you maximize your returns from these distributions.

Dividend calendar