Q: Hi 5i,
Does Zwb pay dividend in US or canadian dollars? ....Looking at stock information using TD web broker.... it shows dividend as $1.35 US or 11.03 %....does this number seem correct to you... Where would you recommend searching for this type of info?
thx
Does Zwb pay dividend in US or canadian dollars? ....Looking at stock information using TD web broker.... it shows dividend as $1.35 US or 11.03 %....does this number seem correct to you... Where would you recommend searching for this type of info?
thx
5i Research Answer:
ZWB pays in Canadian dollars; in C$ yield is 8.04% on current prices. We would go right to the manager (BMO) for this info.
https://www.bmogam.com/ca-en/products/exchange-traded-fund/bmo-covered-call-canadian-banks-etf-zwb/?ecid=ps-GAMAOPSGAM4-CSUM147&utm_source=Google&utm_medium=Search&utm_campaign=%5BBrand%5D_ETF_Tickers&utm_content=BMO_Enhanced_Income_ETFs_Tickers_ZWB&utm_term=zwb+etf&gclid=Cj0KCQjw1OmoBhDXARIsAAAYGSGJYdwY0dDfnZ9c1z6vwe8TSZ0YbQSlG304mCPSX7OBfGX9AQKcrk8aAsD3EALw_wcB&gclsrc=aw.ds
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZWB.