BMO Covered Call Energy ETF Declares Monthly Dividend of $0.22 (TSE:ZWEN)

BMO Covered Call Energy ETF (TSE:ZWEN) declared a monthly dividend on Wednesday, November 26th, TickerTech Dividends reports. Stockholders of record on Tuesday, December 2nd will be paid a dividend of 0.22 per share on Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Wednesday, November 26th.

BMO Covered Call Energy ETF Price Performance

Shares of ZWEN traded down C$0.02 during trading hours on Monday, reaching C$28.66. The stock had a trading volume of 26,477 shares, compared to its average volume of 18,311. The firm has a 50-day moving average of C$28.31 and a 200 day moving average of C$27.75. BMO Covered Call Energy ETF has a 52 week low of C$24.17 and a 52 week high of C$30.89.

About BMO Covered Call Energy ETF

The ETF has been designed to provide exposure to a portfolio of energy, and energy related companies while earning call option premiums. The Fund invests in securities of energy and energy related companies in addition to writing covered call options. The call options are written out of the money and selected based on analyzing the option’s implied volatility.