Purpose High Interest Savings Fund to Issue Monthly Dividend of $0.09 (TSE:PSA)

Purpose High Interest Savings Fund (TSE:PSA) announced a monthly dividend on Thursday, August 27th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 2nd will be paid a dividend of 0.0866 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, August 27th.

Purpose High Interest Savings Fund Stock Performance

Shares of PSA opened at C$50.00 on Friday. The firm’s fifty day simple moving average is C$50.05 and its 200-day simple moving average is C$50.05. Purpose High Interest Savings Fund has a twelve month low of C$50.00 and a twelve month 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.