BMO Covered Call US Banks ETF Plans Monthly Dividend of $0.15 (TSE:ZWK)

BMO Covered Call US Banks ETF (TSE:ZWK) announced a monthly dividend on Wednesday, November 26th, TickerTech Dividends reports. Stockholders of record on Tuesday, December 2nd will be paid a dividend of 0.145 per share on Tuesday, December 2nd. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Wednesday, November 26th.

BMO Covered Call US Banks ETF Stock Up 1.0%

Shares of BMO Covered Call US Banks ETF stock traded up C$0.25 during midday trading on Monday, reaching C$25.67. 9,981 shares of the company’s stock traded hands, compared to its average volume of 34,154. BMO Covered Call US Banks ETF has a 52 week low of C$18.76 and a 52 week high of C$26.93. The company’s 50 day simple moving average is C$25.39 and its 200 day simple moving average is C$24.38.

BMO Covered Call US Banks ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of U.S. banks to generate income and 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 U.S. banks. Depending on market volatility and other factors, The ETF will write covered call options on these securities.