BMO Covered Call Health Care ETF (ZWHC) To Go Ex-Dividend on August 28th

BMO Covered Call Health Care ETF (TSE:ZWHC) announced a monthly dividend on Friday, August 28th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.16 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, August 28th.

BMO Covered Call Health Care ETF Trading Up 0.2%

TSE ZWHC traded up C$0.06 during trading on Wednesday, reaching C$28.73. BMO Covered Call Health Care ETF has a twelve month low of C$24.89 and a twelve month high of C$29.59. The stock has a fifty day moving average of C$27.65 and a 200 day moving average of C$27.00.

About BMO Covered Call Health Care ETF

ETF seeks to provide exposure to the performance of a portfolio of health care and health care related companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. The call options are written out of the money and selected based on analyzing the option’s implied volatility. The option premium provides some downside protection. The underlying portfolio is re-balanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry.