BMO Covered Call Utilities ETF (TSE:ZWU) Stock Passes Below 50 Day Moving Average – What’s Next?

BMO Covered Call Utilities ETF (TSE:ZWUGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 price is C$10.82 and its 200 day moving average price is C$10.81.

BMO Covered Call Utilities ETF Announces Dividend

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

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