BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) Hits New 52-Week High – Here’s What Happened

BMO Covered Call Canadian Banks ETF (ZWB.TO) (TSE:ZWB) hit a new 52-week high on Monday . The stock traded as high as C$25.21 and last traded at C$25.14, with a volume of 30079 shares. The stock had previously closed at C$25.06.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Trading Down 1.0%

The stock has a 50 day moving average of C$23.69 and a 200-day moving average of C$22.22.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Tuesday, December 2nd were given a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Wednesday, November 26th.

BMO Covered Call Canadian Banks ETF (ZWB.TO) Company Profile

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.