BMO US Put Write ETF (TSE:ZPW) Stock Price Down 0.3% – Here’s Why

BMO US Put Write ETF (TSE:ZPW)’s stock price traded down 0.3% during trading on Tuesday . The stock traded as low as C$15.47 and last traded at C$15.47. 201 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 4,816 shares. The stock had previously closed at C$15.51.

BMO US Put Write ETF Stock Down 0.3%

The firm’s fifty day moving average is C$15.29 and its two-hundred day moving average is C$15.99.

BMO US Put Write ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 2nd. Shareholders of record on Friday, May 2nd were issued a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a dividend yield of 9.70%. The ex-dividend date of this dividend was Tuesday, April 29th.

About BMO US Put Write ETF

BMO US Put Write ETF writes put options on the equity securities of U.S. companies in a variety of sectors. See Investment Objectives Investment Objectives of the Non Index BMO ETFs BMO US Put Write ETF. The fund invests primarily in a portfolio of put options on US large capitalization equity securities to generate income.