Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Plans $0.13 Quarterly Dividend

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) declared a quarterly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1287 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 30th.

Cabana Target Drawdown 7 ETF Price Performance

TDSB opened at $24.15 on Tuesday. The firm has a 50 day simple moving average of $23.99 and a 200 day simple moving average of $23.21. Cabana Target Drawdown 7 ETF has a fifty-two week low of $20.83 and a fifty-two week high of $24.30. The company has a market cap of $62.31 million, a price-to-earnings ratio of 20.85 and a beta of 0.34.

About Cabana Target Drawdown 7 ETF

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. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.