BMO Covered Call US Banks ETF (ZWK) To Go Ex-Dividend on November 26th

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 given a dividend of 0.145 per share on Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Wednesday, November 26th.

BMO Covered Call US Banks ETF Trading Up 1.0%

Shares of TSE ZWK traded up C$0.25 during trading hours on Monday, hitting C$25.67. The stock had a trading volume of 9,981 shares, compared to its average volume of 34,154. The firm’s 50-day moving average price is C$25.39 and its two-hundred day moving average price is C$24.38. BMO Covered Call US Banks ETF has a 52 week low of C$18.76 and a 52 week high of C$26.93.

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.