BMO Covered Call Utilities ETF (ZWU) to Issue Monthly Dividend of $0.07 on September 3rd

BMO Covered Call Utilities ETF (TSE:ZWU) declared a monthly dividend on Thursday, August 28th, TickerTech Dividends reports. Investors of record on Wednesday, September 3rd will be given a dividend of 0.07 per share on Wednesday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Thursday, August 28th.

BMO Covered Call Utilities ETF Trading Up 0.1%

TSE:ZWU opened at C$11.29 on Friday. The stock has a fifty day moving average price of C$11.18 and a 200 day moving average price of C$11.02. BMO Covered Call Utilities ETF has a 12-month low of C$9.77 and a 12-month high of C$11.55.

BMO Covered Call Utilities ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of utilities companies to generate income and to provide long-term capital appreciation. To achieve investment objective the ETF will primarily invest in and hold the equity securities of Canadian companies widely recognized as utilities companies, which may also include telecommunication and pipeline companies, and use derivative instruments to hedge U.S.