BMO US Put Write ETF (TSE:ZPW) Stock Price Down 1.3% – Here’s Why

BMO US Put Write ETF (TSE:ZPW) shares traded down 1.3% during mid-day trading on Tuesday . The company traded as low as C$15.52 and last traded at C$15.52. 6,774 shares were traded during mid-day trading, an increase of 21% from the average session volume of 5,603 shares. The stock had previously closed at C$15.72.

BMO US Put Write ETF Stock Performance

The company has a 50 day moving average price of C$15.83 and a 200 day moving average price of C$15.75.

BMO US Put Write ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Tuesday, December 2nd were issued a $0.125 dividend. This represents a c) annualized dividend and a dividend yield of 9.7%. The ex-dividend date was Wednesday, November 26th.

BMO US Put Write ETF Company Profile

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.