BMO Covered Call Health Care ETF (ZWHC) To Go Ex-Dividend on August 28th

BMO Covered Call Health Care ETF (TSE:ZWHC) declared a monthly dividend on Friday, August 28th, TickerTech Dividends reports. Investors of record on Wednesday, September 2nd will be given a dividend of 0.16 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, August 28th.

BMO Covered Call Health Care ETF Price Performance

BMO Covered Call Health Care ETF stock traded up C$0.06 during mid-day trading on Wednesday, hitting C$28.73. The stock has a fifty day moving average of C$27.65 and a two-hundred day moving average of C$27.00. BMO Covered Call Health Care ETF has a fifty-two week low of C$24.89 and a fifty-two week high of C$29.59.

About BMO Covered Call Health Care ETF

ETF seeks to provide exposure to the performance of a portfolio of health care and health care related companies to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. The call options are written out of the money and selected based on analyzing the option’s implied volatility. The option premium provides some downside protection. The underlying portfolio is re-balanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry.