Purpose High Interest Savings Fund (TSE:PSA – Get Free Report) shares rose 0% on Monday . The stock traded as high as C$50.08 and last traded at C$50.08. Approximately 61,867 shares were traded during trading, a decline of 42% from the average session volume of 107,389 shares. The stock had previously closed at C$50.07.
Purpose High Interest Savings Fund Price Performance
The company’s 50-day simple moving average is C$50.05 and its 200 day simple moving average is C$50.05.
Purpose High Interest Savings Fund Increases Dividend
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, August 5th were issued a $0.0989 dividend. This is a boost from Purpose High Interest Savings Fund’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Wednesday, July 29th.
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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