BMO Premium Yield ETF USD (ZPAY.U) to Issue Monthly Dividend of $0.20 on April 2nd

BMO Premium Yield ETF USD (TSE:ZPAY.U) announced a monthly dividend on Monday, March 30th, TickerTech Dividends reports. Stockholders of record on Thursday, April 2nd will be given a dividend of 0.20 per share on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Monday, March 30th.

BMO Premium Yield ETF USD Price Performance

ZPAY.U opened at C$29.20 on Friday. BMO Premium Yield ETF USD has a 52-week low of C$26.37 and a 52-week high of C$31.10. The business’s fifty day moving average is C$30.16 and its 200-day moving average is C$30.40.

BMO Premium Yield ETF USD Company Profile

The ETF seeks to provide exposure to a portfolio of U.S. large capitalization companies. Fund investing in U.S. equity securities and derivative instruments to provide long term capital appreciation, generate income and mitigate downside risk. Securities will be selected using a rules based methodology that considers quality, yield, and liquidity. Depending on market volatility and other factors, the ETF may employ derivative strategies. The ETF may write call options selected by considering volatility, fundamental and technical analysis, price sensitivity to the broad market and sector diversification.