BMO US High Dividend Covered Call ETF (ZWH) to Issue Monthly Dividend of $0.13 on March 3rd

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) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, February 26th.

BMO US High Dividend Covered Call ETF Trading Up 0.2%

BMO US High Dividend Covered Call ETF stock opened at C$25.63 on Friday. BMO US High Dividend Covered Call ETF has a 12-month low of C$21.05 and a 12-month high of C$25.89. The firm’s fifty day moving average is C$25.28 and its 200 day moving average is C$24.89.

About BMO US High Dividend Covered Call ETF

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.