Shares of BMO Equal Weight Utilities Index ETF (TSE:ZUT – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as C$24.18 and last traded at C$24.18, with a volume of 4252 shares. The stock had previously closed at C$23.90.
BMO Equal Weight Utilities Index ETF Price Performance
The firm has a fifty day moving average of C$23.08 and a 200 day moving average of C$22.39.
BMO Equal Weight Utilities Index ETF Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, June 3rd were given a $0.075 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.90 annualized dividend and a yield of 3.73%.
About BMO Equal Weight Utilities Index ETF
The ETF seeks to replicate, to the extent possible, the performance of an equal weight utilities companies index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada Utilities Index (the Index). The investment strategy of the ETF is to invest in and hold the constituent securities of the Index in the same proportion as they are reflected in the Index.
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