Purpose High Interest Savings Fund (TSE:PSA) Trading 0% Higher – Should You Buy?

Purpose High Interest Savings Fund (TSE:PSA) shares rose 0% during mid-day trading on Friday . The company traded as high as C$50.04 and last traded at C$50.04. Approximately 114,721 shares were traded during trading, a decline of 7% from the average daily volume of 123,958 shares. The stock had previously closed at C$50.02.

Purpose High Interest Savings Fund Trading Up 0.0%

The business has a 50-day moving average of C$50.05 and a 200-day moving average of C$50.06.

Purpose High Interest Savings Fund Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 4th. Investors of record on Tuesday, November 4th were paid a $0.1136 dividend. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, October 29th. This is a positive change from Purpose High Interest Savings Fund’s previous monthly dividend of $0.10.

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.