BMO US Put Write ETF (ZPW) Declares Monthly Dividend — 9.3% Annualized Yield

BMO US Put Write ETF (TSE: ZPW) declares monthly dividend of $0.125 per share, payable Dec 2. Annualized yield about 9.3% — key dates and investor impact.

BMO US Put Write ETF (TSE: ZPW) declared a monthly dividend on Wednesday, November 26, according to TickerTech Dividends. Shareholders of record as of Tuesday, December 2 will receive a cash distribution of $0.125 per share, payable on the same date. The company reports an annualized yield around 9.3%, making ZPW a noteworthy income option for yield-seeking investors.

The ZPW dividend announcement highlights the fund’s regular payout schedule and the potential income benefits of the BMO US Put Write ETF strategy. As the name suggests, a put-write approach seeks to generate income by selling put options on U.S. equities, collecting premiums that can be distributed to shareholders. While the strategy can boost yield, investors should be mindful of option-related risks and market exposure that accompany put-write ETFs.

Key dates for income investors: the declaration was made on November 26, with a record date and payment date of December 2. If you hold ZPW shares by the market close on the record date, you will be eligible for the $0.125 per-share distribution. Be sure to check your brokerage’s settlement rules and ex-dividend date to confirm eligibility; these operational details affect whether a trade qualifies for the upcoming payout.

A 9.3% annualized yield positions ZPW among higher-yielding ETF choices on the Toronto Stock Exchange, but yield should not be the only criterion. Consider the fund’s underlying strategy, historical performance, expense ratio, and correlation with broader U.S. equity markets. Investors seeking steady cash flow may value the monthly rhythm of ZPW dividends, while those more focused on capital appreciation should weigh alternative ETFs with different risk-return profiles.

Bottom line: BMO US Put Write ETF’s latest monthly dividend underscores the income potential of option-based ETF strategies. Existing shareholders who meet the record date will receive the $0.125 distribution, and prospective investors should evaluate yield alongside fees and strategy-specific risks. For the most current details, consult the fund’s official disclosures and speak with a financial advisor if you need personalized guidance.

Back