BMO US High Dividend Covered Call ETF (TSE:ZWH) to Issue Monthly Dividend of $0.13

BMO US High Dividend Covered Call ETF (TSE:ZWH) announced a monthly dividend on Thursday, February 26th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 3rd will be given a dividend of 0.13 per share on Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Thursday, February 26th.

BMO US High Dividend Covered Call ETF Trading Down 0.2%

Shares of TSE:ZWH opened at C$25.70 on Thursday. The business’s 50-day simple moving average is C$25.24 and its 200 day simple moving average is C$24.87. BMO US High Dividend Covered Call ETF has a one year low of C$21.05 and a one year high of C$25.89.

BMO US High Dividend Covered Call ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying U.S. companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will primarily invest in and hold the equity securities of dividend paying U.S. companies. Securities will be selected using a rules based methodology that considers dividend growth, yield and payout ratio. In addition, depending on market volatility and other factors, the ETF will write covered call options on these securities.