BMO Equal Weight Utilities Index ETF Plans Monthly Dividend of $0.07 (TSE:ZUT)

BMO Equal Weight Utilities Index ETF (TSE:ZUT) declared a monthly dividend on Thursday, August 28th, TickerTech Dividends reports. Investors of record on Wednesday, September 3rd will be paid a dividend of 0.07 per share on Wednesday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Thursday, August 28th.

BMO Equal Weight Utilities Index ETF Trading Down 0.2%

Shares of ZUT stock opened at C$24.33 on Friday. The firm has a fifty day moving average price of C$24.42 and a 200 day moving average price of C$23.33. BMO Equal Weight Utilities Index ETF has a 12 month low of C$20.40 and a 12 month high of C$25.26.

BMO Equal Weight Utilities Index ETF Company Profile

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.