Caldwell US Dividend Advantage Fund (UDA.UN) to Issue Monthly Dividend of C$0.05
Caldwell US Dividend Advantage Fund (TSE:UDA.UN) declared a monthly dividend on Monday, November 28th. Stockholders of record on Thursday, December 15th will be given a dividend of 0.05 per share on Thursday, December 15th. This represents a $0.60 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend is Monday, November 28th.
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About Caldwell US Dividend Advantage Fund
Caldwell US Dividend Advantage Fund (the Fund) is a closed-end investment fund. The investment objective of the Fund is to provide the holders of the units with monthly cash distribution and the potential for capital appreciation and enhanced long-term risk adjusted returns. The Fund invests in an actively managed portfolio consisting of primarily of the United States dividend-paying equity securities that exhibit a combination of low current volatility and high profitability.
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