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

BMO US High Dividend Covered Call ETF (TSE:ZWH) shares traded down 0.1% during trading on Friday . The company traded as low as C$25.55 and last traded at C$25.57. 12,819 shares changed hands during trading, a decline of 37% from the average session volume of 20,436 shares. The stock had previously closed at C$25.60.

BMO US High Dividend Covered Call ETF Stock Performance

The business has a fifty day simple moving average of C$25.19 and a 200 day simple moving average of C$25.11.

BMO US High Dividend Covered Call ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, March 3rd were issued a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Thursday, February 26th.

About BMO US High Dividend Covered Call ETF

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.