BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Plans Monthly Dividend of $0.11

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB - Get Free Report) announced a monthly dividend on Thursday, May 29th, TickerTech Dividends reports. Stockholders of record on Tuesday, June 3rd will be given a dividend of 0.11 per share on Tuesday, June 3rd. This represents a $1.32 annualized dividend and a dividend yield of 6.57%. The ex-dividend date of this dividend is Thursday, May 29th.

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

TSE:ZWB traded down C$0.04 during mid-day trading on Monday, hitting C$20.10. The company's stock had a trading volume of 52,429 shares, compared to its average volume of 169,204. BMO Covered Call Canadian Banks ETF has a 1 year low of C$17.08 and a 1 year high of C$20.32. The business's fifty day moving average is C$19.00 and its two-hundred day moving average is C$19.48.

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.