Bullboard - Stock Discussion Forum BMO Covered Call Utilities ETF T.ZWU

Alternate Symbol(s): BMMVF

The ETF seeks to provide exposure to the performance of a portfolio of utilities companies to generate income and to provide long-term capital appreciation. To achieve investment objective the ETF will primarily invest in and hold the equity securities of Canadian companies widely recognized as utilities companies, which may also include telecommunication and pipeline companies, and use... see more

Add To Watchlist

TSX:ZWU - Post Discussion

BMO Covered Call Utilities ETF > Divi Drop

View:

Post by ANALOG GUY on May 24, 2023 3:58pm

Divi Drop

I thought my stock streamer was wrong

but no, they have reduced the dividend to .07

well that sucks

paid .08 for years

185

Comment

Comment by DeanEdmonton on May 28, 2023 12:40pm

Good catch, I hadn't seen that. Not suprising when 50% is return of capital. Erodes the fund pretty wquick. No wonder it has taken another SP dump lately. Glad I sold 95% of this back when it was still in the $12 range. Been playing the ex-dividend game since.

227

Comment

BMO Covered Call Utilities ETF