BMO Premium Yield ETF USD (TSE:ZPAY.U) Announces $0.18 Monthly Dividend

BMO Premium Yield ETF USD (TSE:ZPAY.U) declared a monthly dividend on Thursday, July 30th, TickerTech Dividends reports. Stockholders of record on Wednesday, August 5th will be given a dividend of 0.18 per share on Wednesday, August 5th. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Thursday, July 30th.

BMO Premium Yield ETF USD Price Performance

ZPAY.U traded up C$0.32 during mid-day trading on Tuesday, hitting C$31.32. 363 shares of the stock were exchanged, compared to its average volume of 1,242. The firm’s fifty day moving average is C$30.85 and its two-hundred day moving average is C$30.44. BMO Premium Yield ETF USD has a 1-year low of C$28.63 and a 1-year high of C$31.32.

About BMO Premium Yield ETF USD

The ETF seeks to provide exposure to a portfolio of U.S. large capitalization companies. Fund investing in U.S. equity securities and derivative instruments to provide long term capital appreciation, generate income and mitigate downside risk. Securities will be selected using a rules based methodology that considers quality, yield, and liquidity. Depending on market volatility and other factors, the ETF may employ derivative strategies. The ETF may write call options selected by considering volatility, fundamental and technical analysis, price sensitivity to the broad market and sector diversification.