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ZPAY Dividends 2026

BMO Premium Yield ETF — monthly distribution history, ~7.5% yield, ex-dates and payout calculator. Updated May 2026.

Informational only. Not investment advice. Always verify with the fund provider.

📅 Oct 2026 Update: ZPAY paid $0.20/unit for September 2026 (ex-date Sep 29, pay date Oct 2). Rock-solid $0.20 for over 18 months.
Trailing 12-Month
$2.40
Per unit · Oct 2025–Sep 2026
Est. Trailing Yield
~7.3%
Verify with current unit price
Payment Frequency
Monthly
Ex-date: final week of month
Issuer
BMO
BMO Premium Yield ETF

What Is ZPAY?

ZPAY (BMO Premium Yield ETF) holds a diversified portfolio of global equities and uses an options overlay strategy — selling covered calls and cash-secured puts — to generate premium income. Unlike ZWB and ZWC which focus on Canadian stocks, ZPAY provides global equity exposure across Canadian, U.S., and international markets. Trades on TSX as ZPAY.TO.

Live Price (ZPAY.TO)

Dividend History (2025–2026)

MonthDistribution/Unit (CAD)Ex-DatePay Date
Jan 2025~$0.202025-01-292025-02-05
Feb 2025~$0.202025-02-262025-03-05
Mar 2025~$0.202025-03-282025-04-04
Apr 2025~$0.202025-04-292025-05-06
May 2025~$0.202025-05-282025-06-04
Jun 2025~$0.202025-06-272025-07-04
Jul 2025~$0.202025-07-302025-08-06
Aug 2025~$0.202025-08-282025-09-04
Sep 2025~$0.202025-09-292025-10-06
Oct 2025~$0.202025-10-292025-11-05
Nov 2025~$0.202025-11-272025-12-04
Dec 2025~$0.202025-12-302026-01-07
Jan 2026~$0.202026-01-292026-02-05
Feb 2026$0.202026-02-262026-03-03
Mar 2026$0.202026-03-302026-04-02
Apr 2026$0.202026-04-292026-05-04
May 2026$0.202026-05-282026-06-02
Jun 2026$0.202026-06-292026-07-03
Jul 2026$0.2002026-07-302026-08-05
Aug 2026$0.2002026-08-282026-09-02
Sep 2026 ★$0.2002026-09-292026-10-02
Oct 2026TBA~Oct 30~Nov 5
Oct 2026: Not yet announced. Estimate based on recent months. Always verify with the fund provider before investing.

Payout Calculator

Estimate only.

Annual Income
Monthly Income

ZPAY vs ZWB vs ZWC

FeatureZPAYZWBZWC
HoldingsGlobal equities (Canada + U.S. + international)Canadian banks onlyBroad Canadian high-dividend
Approx. yield (2026)~7.5%~6.5–7%~5.6–5.7%
Geographic diversificationHigh (global)Low (Canada only)Low (Canada only)

FAQ

What makes ZPAY different from ZWB?

ZWB focuses only on Canadian banks. ZPAY holds globally diversified equities and uses a broader options strategy. Much more geographic diversification.

Where can I buy ZPAY?

ZPAY trades on TSX as ZPAY.TO. See our broker comparison.

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