BMO Covered Call Utilities ETF (TSE:ZWU) Share Price Passes Below Fifty Day Moving Average – Here’s Why

BMO Covered Call Utilities ETF (TSE:ZWUGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$10.84 and traded as low as C$10.54. BMO Covered Call Utilities ETF shares last traded at C$10.54, with a volume of 130,968 shares trading hands.

BMO Covered Call Utilities ETF Stock Performance

The firm’s 50 day moving average is C$10.82 and its two-hundred day moving average is C$10.81.

BMO Covered Call Utilities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, January 3rd were given a dividend of $0.07 per share. The ex-dividend date was Monday, December 30th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.05%.

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