BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Declares $0.12 Monthly Dividend

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) declared a monthly dividend on Wednesday, November 26th, TickerTech Dividends reports. Shareholders of record on Tuesday, December 2nd will be given a dividend of 0.12 per share on Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, November 26th.

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

Shares of ZWB opened at C$24.00 on Thursday. BMO Covered Call Canadian Banks ETF has a 52 week low of C$17.26 and a 52 week high of C$24.00. The stock’s 50-day moving average price is C$23.21 and its 200-day moving average price is C$21.74.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Company Profile

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.