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

Purpose High Interest Savings Fund (TSE:PSA) declared a monthly dividend on Friday, June 26th, TickerTech Dividends reports. Shareholders of record on Friday, July 3rd will be paid a dividend of 0.0898 per share on Friday, July 3rd. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, June 26th.

Purpose High Interest Savings Fund Stock Performance

PSA opened at C$50.09 on Friday. The firm’s 50-day moving average price is C$50.05 and its 200 day moving average price 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.

About Purpose High Interest Savings Fund

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.