BMO US High Dividend Covered Call ETF to Issue Monthly Dividend of $0.14 (TSE:ZWH)

BMO US High Dividend Covered Call ETF (TSE:ZWH) declared a monthly dividend on Monday, June 29th, TickerTech Dividends reports. Investors of record on Friday, July 3rd will be paid a dividend of 0.14 per share on Friday, July 3rd. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Monday, June 29th.

BMO US High Dividend Covered Call ETF Price Performance

TSE ZWH opened at C$26.95 on Friday. BMO US High Dividend Covered Call ETF has a 1-year low of C$23.23 and a 1-year high of C$27.29. The business’s fifty day moving average price is C$26.37 and its 200-day moving average price is C$25.57.

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.