BMO Covered Call Canadian Banks ETF T.ZWB

Bought more today.....

[darb]

.....I have to believe that now the banks have the go-ahead to increase divys and share buy-backs, it shoud have a positive impact on ZWB.

[jx7000]

Bought more today, Black Monday; with a 5.5% div, ya can't go wrong :-)

[darb]

Now it starts.......Scotia ups divy 11% and announces 24M share buyback

[darb]

OK, so when did they announce the 10% divy increase? Pleasant surprise!

[AnalogueMan]

Would be helpful if you could post a link to that ... Some people might read your "Scotia ups divy 11%" post to mean the annual divident was reaised to 11% instead of they raised the annual dividendby 11%. Which is it ?

[jx7000]

I've added today Jan. 24th, 2022, unit price just below $22 just in time to collect this month's 6% div. 

[AnalogueMan]

???  Surely ZWB does not pay a 5 or 6% MONTHLY dividend/payoout.  ??? BMO Covered Call Canadian Banks ETF (ZWB.TO)'s most recent Monthly dividend payment of C$0.11 per share was made to shareholders on Wednesday, February 2, 2022.

[jx7000]

My bad, I should've better qualified my statement. At my purchase price, I'm collecting a monthly div based on a 6% annual rate.

[AnalogueMan]

I think there miut have been confusion ... A friend, been trading a long time, swore ZWB.TO was paying 5% MONTLY div. Sold some good stocks to get in a few days ago ........ Wot the ? 5% "monthly" must have be spread around as the price jumpd on the 7th BUT headed south today ..........  ??? when div found to be NOT 5% monthy   ????