BMO US High Dividend Covered Call ETF (TSE:ZWH) Stock Price Up 0.1% – Here’s What Happened

Shares of BMO US High Dividend Covered Call ETF (TSE:ZWH) traded up 0.1% on Thursday . The stock traded as high as C$25.40 and last traded at C$25.36. 10,914 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 19,637 shares. The stock had previously closed at C$25.34.

BMO US High Dividend Covered Call ETF Stock Up 0.1%

The stock’s 50 day moving average is C$25.25 and its two-hundred day moving average is C$25.04.

BMO US High Dividend Covered Call ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, March 3rd were given a $0.13 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend was Thursday, February 26th.

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.