BMO Equal Weight Utilities Index ETF (TSE:ZUT – Get Free Report)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as C$23.38 and last traded at C$23.37, with a volume of 7209 shares. The stock had previously closed at C$23.20.
BMO Equal Weight Utilities Index ETF Stock Up 0.6%
The firm has a 50 day moving average price of C$22.60 and a 200 day moving average price of C$22.16.
BMO Equal Weight Utilities Index ETF Announces Dividend
The company also recently announced a monthly dividend, which was paid on Friday, May 2nd. Investors of record on Friday, May 2nd were issued a $0.075 dividend. This represents a $0.90 annualized dividend and a yield of 3.86%. The ex-dividend date of this dividend was Tuesday, April 29th.
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.
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