Canso Credit Trust – Canso Credit Income Fund Announces Monthly Dividend of $0.04 (TSE:PBY.UN)

Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) announced a monthly dividend on Wednesday, July 31st, TickerTech reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.0417 per share on Monday, August 12th. This represents a $0.50 annualized dividend and a dividend yield of 3.35%. The ex-dividend date is Wednesday, July 31st.

Canso Credit Trust – Canso Credit Income Fund Price Performance

PBY.UN opened at C$14.93 on Tuesday. Canso Credit Trust – Canso Credit Income Fund has a one year low of C$13.76 and a one year high of C$15.23. The company’s 50 day simple moving average is C$15.04 and its 200-day simple moving average is C$14.89.

Canso Credit Trust – Canso Credit Income Fund Company Profile

Canso Credit Trust – Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limited. The fund is managed by Canso Investment Counsel Ltd. It invests in the fixed income markets of Canada. The fund primarily invests in corporate bonds. It employs fundamental analysis with bottom-up and deep value approach to create its portfolio.