BMO US High Dividend Covered Call ETF (TSE:ZWH) Shares Up 0.1% – What’s Next?

Shares of BMO US High Dividend Covered Call ETF (TSE:ZWH) traded up 0.1% during trading on Thursday . The company traded as high as C$24.69 and last traded at C$24.65. 6,845 shares changed hands during trading, a decline of 67% from the average session volume of 20,911 shares. The stock had previously closed at C$24.62.

BMO US High Dividend Covered Call ETF Price Performance

The firm has a 50-day moving average price of C$25.34 and a two-hundred day moving average price of C$24.97.

BMO US High Dividend Covered Call ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Tuesday, March 3rd were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.