Purpose US Cash Fund ETF (PSU.U) to Issue Monthly Dividend of $0.28 on September 2nd

Purpose US Cash Fund ETF (TSE:PSU.U) announced a monthly dividend on Thursday, August 27th, TickerTech Dividends reports. Stockholders of record on Wednesday, September 2nd will be given a dividend of 0.2811 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, August 27th.

Purpose US Cash Fund ETF Stock Up 0.0%

TSE PSU.U opened at C$100.04 on Friday. The stock has a 50-day moving average of C$100.16 and a 200 day moving average of C$100.15. Purpose US Cash Fund ETF has a twelve month low of C$100.00 and a twelve month high of C$100.37.

About Purpose US Cash Fund ETF

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.