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

Purpose High Interest Savings Fund (TSE:PSA) declared a monthly dividend on Friday, March 27th, TickerTech Dividends reports. Shareholders of record on Thursday, April 2nd will be paid a dividend of 0.0889 per share on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 27th. This is a 8.5% increase from Purpose High Interest Savings Fund’s previous monthly dividend of $0.08.

Purpose High Interest Savings Fund Trading Up 0.0%

Shares of PSA stock opened at C$50.09 on Friday. Purpose High Interest Savings Fund has a fifty-two week low of C$50.00 and a fifty-two week high of C$50.12. The stock has a 50 day moving average price of C$50.05 and a two-hundred day moving average price of C$50.05.

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.