BMO US High Dividend Covered Call ETF (TSE:ZWH) Shares Up 0.8% – What’s Next?

BMO US High Dividend Covered Call ETF (TSE:ZWH)’s share price shot up 0.8% during mid-day trading on Tuesday . The stock traded as high as C$23.25 and last traded at C$23.19. 11,449 shares were traded during mid-day trading, a decline of 55% from the average session volume of 25,446 shares. The stock had previously closed at C$23.00.

BMO US High Dividend Covered Call ETF Price Performance

The firm’s 50-day simple moving average is C$22.49 and its 200-day simple moving average is C$24.07.

BMO US High Dividend Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 2nd. Stockholders of record on Friday, May 2nd were paid a dividend of $0.13 per share. This represents a $1.56 annualized dividend and a dividend yield of 6.73%. The ex-dividend date of this dividend was Tuesday, April 29th. This is an increase from BMO US High Dividend Covered Call ETF’s previous monthly dividend of $0.10.

BMO US High Dividend Covered Call ETF Company Profile

The ETF seeks to provide exposure to the performance of a portfolio of dividend paying U.S. companies to generate income and to provide long-term capital appreciation, while mitigating downside risk through the use of covered call options. The ETF will primarily invest in and hold the equity securities of dividend paying U.S.