BMO Equal Weight Utilities Index ETF (TSE:ZUT – Get Free Report) hit a new 52-week high on Friday . The company traded as high as C$23.38 and last traded at C$23.37, with a volume of 7209 shares traded. The stock had previously closed at C$23.20.
BMO Equal Weight Utilities Index ETF Price Performance
The business’s fifty day moving average is C$22.60 and its two-hundred day moving average is C$22.16.
BMO Equal Weight Utilities Index ETF Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Friday, May 2nd. Shareholders of record on Friday, May 2nd were paid a dividend of $0.075 per share. The ex-dividend date was Tuesday, April 29th. This represents a $0.90 dividend on an annualized basis and a yield of 3.86%.
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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