BMO US High Dividend Covered Call ETF Declares 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. Stockholders of record on Friday, July 3rd will be paid a dividend of 0.14 per share on Friday, July 3rd. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, June 29th.

BMO US High Dividend Covered Call ETF Stock Down 0.6%

ZWH opened at C$26.95 on Friday. The stock has a 50-day moving average price of C$26.37 and a 200-day moving average price of C$25.57. 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.

BMO US High Dividend Covered Call ETF Company Profile

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.