Cabana Target Drawdown 7 ETF Plans Quarterly Dividend of $0.11 (NASDAQ:TDSB)

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) announced a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.1074 per share on Thursday, March 27th. This represents a $0.43 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Wednesday, March 26th.

Cabana Target Drawdown 7 ETF Stock Down 0.5 %

NASDAQ:TDSB traded down $0.11 during trading hours on Wednesday, hitting $22.05. 805 shares of the company traded hands, compared to its average volume of 14,733. The company has a market cap of $80.92 million, a PE ratio of 20.70 and a beta of 0.35. The firm’s 50-day simple moving average is $22.12 and its 200-day simple moving average is $22.33. Cabana Target Drawdown 7 ETF has a one year low of $21.42 and a one year high of $22.95.

Cabana Target Drawdown 7 ETF Company Profile

The Cabana Target Drawdown 7 ETF (TDSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 7% from peak to trough.