BMO US High Dividend Covered Call ETF (TSE:ZWH) Shares Up 0.7% – Still a Buy?

BMO US High Dividend Covered Call ETF (TSE:ZWHGet Free Report)’s stock price shot up 0.7% during mid-day trading on Monday . The stock traded as high as C$23.37 and last traded at C$23.37. 14,015 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 27,041 shares. The stock had previously closed at C$23.20.

BMO US High Dividend Covered Call ETF Stock Up 0.7%

The company’s 50 day moving average is C$22.97 and its 200-day moving average is C$24.28.

BMO US High Dividend Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 2nd. Stockholders of record on Friday, May 2nd were issued a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.68%. The ex-dividend date of this dividend was Tuesday, April 29th. This is a boost from BMO US High Dividend Covered Call ETF’s previous monthly dividend of $0.10.

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