BMO Covered Call Technology ETF to Issue Monthly Dividend of $0.35 (TSE:ZWT)

BMO Covered Call Technology ETF (TSE:ZWT) announced a monthly dividend on Friday, August 28th, TickerTech Dividends reports. Investors of record on Wednesday, September 2nd will be given a dividend of 0.35 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, August 28th.

BMO Covered Call Technology ETF Stock Performance

Shares of ZWT stock traded up C$0.51 during mid-day trading on Wednesday, reaching C$65.35. The company’s stock had a trading volume of 763 shares, compared to its average volume of 6,372. The company’s 50 day simple moving average is C$66.43 and its 200-day simple moving average is C$62.34. BMO Covered Call Technology ETF has a 12-month low of C$51.56 and a 12-month high of C$70.00.

About BMO Covered Call Technology ETF

The ETF seeks to provide exposure to the performance of a portfolio of technology and technology related 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 technology companies and technology related companies. The securities will be selected using a rules-based methodology that considers quality, growth potential and yield..