BMO Equal Weight Banks Index ETF (TSE:ZEB) Stock Price Up 1.3% – Time to Buy?

BMO Equal Weight Banks Index ETF (TSE:ZEBGet Free Report)’s stock price was up 1.3% during mid-day trading on Wednesday . The company traded as high as C$40.68 and last traded at C$40.66. Approximately 2,009,688 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 2,212,872 shares. The stock had previously closed at C$40.13.

BMO Equal Weight Banks Index ETF Stock Up 1.3 %

The firm’s fifty day moving average is C$41.39 and its 200-day moving average is C$41.59.

BMO Equal Weight Banks Index ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Tuesday, February 4th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, January 30th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.13%.

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