BMO Covered Call Energy ETF Plans Monthly Dividend of $0.22 (TSE:ZWEN)

BMO Covered Call Energy ETF (TSE:ZWEN) announced a monthly dividend on Wednesday, November 26th, TickerTech Dividends reports. Investors of record on Tuesday, December 2nd will be given a dividend of 0.22 per share on Tuesday, December 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Wednesday, November 26th.

BMO Covered Call Energy ETF Stock Performance

ZWEN traded down C$0.02 on Monday, hitting C$28.66. 26,477 shares of the company were exchanged, compared to its average volume of 18,311. The stock’s fifty day moving average is C$28.31 and its 200-day moving average is C$27.75. BMO Covered Call Energy ETF has a 12 month low of C$24.17 and a 12 month high of C$30.89.

BMO Covered Call Energy ETF Company Profile

The ETF has been designed to provide exposure to a portfolio of energy, and energy related companies while earning call option premiums. The Fund invests in securities of energy and energy related companies in addition to writing covered call options. The call options are written out of the money and selected based on analyzing the option’s implied volatility.