Purpose High Interest Savings Fund (TSE:PSA – Get Free Report)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$50.00 and last traded at C$50.00, with a volume of 91439 shares trading hands. The stock had previously closed at C$50.09.
Purpose High Interest Savings Fund Stock Performance
The firm’s fifty day moving average price is C$50.05 and its two-hundred day moving average price is C$50.05.
Purpose High Interest Savings Fund Increases Dividend
The company also recently announced a monthly dividend, which was paid on Monday, May 4th. Stockholders of record on Monday, May 4th were issued a dividend of $0.0953 per share. This is a positive change from Purpose High Interest Savings Fund’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Tuesday, April 28th. This represents a c) annualized dividend and a dividend yield of 2.3%.
Purpose High Interest Savings Fund Company Profile
Purpose High Interest Savings ETF (the Fund) seeks to maximize monthly income while preserving capital and liquidity by investing in high interest deposit accounts The Funds investment strategy is to invest substantially all of the assets of the Fund in high interest deposit accounts with one or more chartered banks and/or credit unions. During the period ended June 30, 2021 the portfolio was invested in cash accounts and term deposits diversified between seven Canadian financial institutions.
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