BMO Covered Call Utilities ETF (TSE:ZWU) declared a monthly dividend on Wednesday, February 24th, TickerTech reports. Stockholders of record on Tuesday, March 2nd will be paid a dividend of 0.08 per share on Tuesday, March 2nd. This represents a $0.96 annualized dividend and a dividend yield of 7.82%. The ex-dividend date is Wednesday, February 24th.
TSE:ZWU traded up C$0.01 during midday trading on Tuesday, hitting C$12.27. 227,958 shares of the company were exchanged, compared to its average volume of 199,968. The company has a fifty day simple moving average of C$12.34 and a 200 day simple moving average of C$12.13. BMO Covered Call Utilities ETF has a fifty-two week low of C$9.11 and a fifty-two week high of C$14.65.
Further Reading: What are convertible shares?
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