BMO Premium Yield ETF USD (TSE:ZPAY.U) to Issue Monthly Dividend of $0.18

BMO Premium Yield ETF USD (TSE:ZPAY.U) announced a monthly dividend on Thursday, July 30th, TickerTech Dividends reports. Investors of record on Wednesday, August 5th will be given a dividend of 0.18 per share on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Thursday, July 30th.

BMO Premium Yield ETF USD Price Performance

BMO Premium Yield ETF USD stock traded up C$0.32 during trading on Tuesday, hitting C$31.32. The stock had a trading volume of 363 shares, compared to its average volume of 1,242. BMO Premium Yield ETF USD has a 1 year low of C$28.63 and a 1 year high of C$31.32. The stock’s 50 day moving average is C$30.85 and its two-hundred day moving average is C$30.44.

BMO Premium Yield ETF USD Company Profile

The ETF seeks to provide exposure to a portfolio of U.S. large capitalization companies. Fund investing in U.S. equity securities and derivative instruments to provide long term capital appreciation, generate income and mitigate downside risk. Securities will be selected using a rules based methodology that considers quality, yield, and liquidity. Depending on market volatility and other factors, the ETF may employ derivative strategies. The ETF may write call options selected by considering volatility, fundamental and technical analysis, price sensitivity to the broad market and sector diversification.