BMO Equal Weight Banks Index ETF (ZEB.TO) (TSE:ZEB) Announces Monthly Dividend of $0.10

BMO Equal Weight Banks Index ETF (ZEB.TO) (TSE:ZEB) declared a monthly dividend on Wednesday, February 24th, TickerTech reports. Shareholders of record on Tuesday, March 2nd will be paid a dividend of 0.10 per share on Tuesday, March 2nd. This represents a $1.20 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend is Wednesday, February 24th.

Shares of ZEB traded up C$0.22 during mid-day trading on Monday, reaching C$30.75. 864,433 shares of the company’s stock traded hands, compared to its average volume of 674,859. The stock’s 50-day moving average is C$29.66 and its two-hundred day moving average is C$27.36. BMO Equal Weight Banks Index ETF has a 12 month low of C$18.11 and a 12 month high of C$30.84.

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