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

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB - Get Free Report) declared a monthly dividend on Friday, June 27th, TickerTech Dividends reports. Investors of record on Thursday, July 3rd will be given a dividend of 0.11 per share on Thursday, July 3rd. This represents a $1.32 annualized dividend and a yield of 6.40%. The ex-dividend date is Friday, June 27th.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Trading Up 0.6%

Shares of BMO Covered Call Canadian Banks ETF (ZWB.TO) stock opened at C$20.62 on Friday. The firm's 50-day moving average is C$19.69 and its two-hundred day moving average is C$19.52. BMO Covered Call Canadian Banks ETF has a 1 year low of C$17.21 and a 1 year high of C$20.63.

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.

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