ZUT Ex-Dividend Reminder - 10/28/13

On 10/28/13, BMO Equal Weight Utilities Index ETF (TSX: ZUT.TO) will trade ex-dividend, for its monthly dividend of $0.06, payable on 11/6/13. As a percentage of ZUT's recent stock price of $14.78, this dividend works out to approximately 0.41%.

Below is a dividend history chart for ZUT, showing historical dividends prior to the most recent $0.06 declared by BMO Equal Weight Utilities Index ETF:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ZUT is likely to continue, and whether the current estimated yield of 4.87% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ZUT shares, versus its 200 day moving average:

BMO Equal Weight Utilities Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZUT's low point in its 52 week range is $13.50 per share, with $16.76 as the 52 week high point — that compares with a last trade of $14.78.

In Thursday trading, BMO Equal Weight Utilities Index ETF shares are currently trading flat on the day.

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