BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Sets New 12-Month High – Here’s What Happened

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$23.89 and last traded at C$23.86, with a volume of 29143 shares changing hands. The stock had previously closed at C$23.72.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Price Performance

The stock’s 50-day simple moving average is C$23.21 and its two-hundred day simple moving average is C$21.74.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Tuesday, December 2nd will be given a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Wednesday, November 26th.

About BMO Covered Call Canadian Banks ETF (ZWB.TO)

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold the securities of Canadian banks, ETFs, or a combination of these.