iShares Premium Money Market ETF Common Class Plans Monthly Dividend of $0.09 (TSE:CMR)

iShares Premium Money Market ETF Common Class (TSE:CMR) announced a monthly dividend on Tuesday, February 24th, TickerTech Dividends reports. Investors of record on Friday, February 27th will be paid a dividend of 0.088 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Tuesday, February 24th.

iShares Premium Money Market ETF Common Class Trading Down 0.2%

iShares Premium Money Market ETF Common Class stock traded down C$0.08 during mid-day trading on Wednesday, hitting C$50.01. The company’s stock had a trading volume of 52,378 shares, compared to its average volume of 123,839. iShares Premium Money Market ETF Common Class has a twelve month low of C$50.00 and a twelve month high of C$50.14. The stock’s fifty day moving average price is C$50.06 and its two-hundred day moving average price is C$50.06.

About iShares Premium Money Market ETF Common Class

The investment objective of the Fund is to maximize current income to the extent consistent with the preservation of capital and liquidity. To achieve its investment objective the investment strategy of the Fund is to invest in high-quality, short-term generally less than 90 days, investment grade debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances and commercial paper excluding asset-backed commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations.