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

BMO US High Dividend Covered Call ETF (TSE:ZWH) declared a monthly dividend on Thursday, October 29th. Stockholders of record on Tuesday, November 3rd will be given a dividend of $0.14 per share on Tuesday, November 3rd. This represents a $1.68 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Thursday, October 29th.

BMO US High Dividend Covered Call ETF Price Performance

Shares of ZWH opened at C$27.00 on Thursday. The business’s 50 day moving average price is C$26.74 and its 200-day moving average price is C$26.17. BMO US High Dividend Covered Call ETF has a 52 week low of C$24.32 and a 52 week high of C$27.29.

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.