BMO Equal Weight REITs Index ETF Plans Monthly Dividend of $0.09 (TSE:ZRE)

BMO Equal Weight REITs Index ETF (TSE:ZRE) announced a monthly dividend on Thursday, February 26th, TickerTech Dividends reports. Investors of record on Tuesday, March 3rd will be given a dividend of 0.089 per share on Tuesday, March 3rd. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Thursday, February 26th.

BMO Equal Weight REITs Index ETF Price Performance

TSE ZRE opened at C$23.21 on Thursday. The stock has a 50 day moving average of C$23.03 and a 200-day moving average of C$22.48. BMO Equal Weight REITs Index ETF has a 12 month low of C$18.84 and a 12 month high of C$23.91.

BMO Equal Weight REITs Index ETF Company Profile

The ETF seeks to replicate, to the extent possible, the performance of an equal weight Canadian REITs index, net of expenses. Currently, the ETF seeks to replicate the performance of the Solactive Equal Weight Canada REIT 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. The Manager may also use a sampling methodology in selecting investments for the ETF. As an alternative to or in conjunction with investing in and holding the constituent securities, the ETF may invest in or use certain Other Securities (as defined in the prospectus) to obtain exposure to the performance of the Index.