Reminder - BMO Equal Weight Utilities Index ETF (ZUT) Goes Ex-Dividend Soon

On 9/25/14, BMO Equal Weight Utilities Index ETF (TSX: ZUT.TO) will trade ex-dividend, for its monthly dividend of $0.052, payable on 10/6/14. As a percentage of ZUT's recent stock price of $15.35, this dividend works out to approximately 0.34%.

Below is a dividend history chart for ZUT, showing historical dividends prior to the most recent $0.052 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 4.07% 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 $13.83 per share, with $16.08 as the 52 week high point — that compares with a last trade of $15.33.

In Tuesday trading, BMO Equal Weight Utilities Index ETF shares are currently down about 0.1% on the day.

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