Purpose High Interest Savings Fund (TSE:PSA) to Issue Monthly Dividend of $0.08

Purpose High Interest Savings Fund (TSE:PSA) announced a monthly dividend on Wednesday, February 25th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 3rd will be given a dividend of 0.0819 per share on Tuesday, March 3rd. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, February 25th.

Purpose High Interest Savings Fund Trading Down 0.1%

Shares of Purpose High Interest Savings Fund stock opened at C$50.01 on Thursday. The stock has a 50 day moving average price of C$50.05 and a 200-day moving average price of C$50.05. Purpose High Interest Savings Fund has a one year low of C$50.00 and a one year high of C$50.12.

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.