Purpose US Cash Fund ETF to Issue Monthly Dividend of $0.29 (TSE:PSU.U)

Purpose US Cash Fund ETF (TSE:PSU.U) declared a monthly dividend on Friday, June 26th, TickerTech Dividends reports. Investors of record on Friday, July 3rd will be given a dividend of 0.2907 per share on Friday, July 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, June 26th.

Purpose US Cash Fund ETF Trading Down 0.2%

Shares of PSU.U stock opened at C$100.03 on Friday. The business’s fifty day moving average is C$100.16 and its 200-day moving average is C$100.16. Purpose US Cash Fund ETF has a 1 year low of C$100.00 and a 1 year high of C$100.38.

Purpose US Cash Fund ETF Company Profile

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.