iShares Premium Money Market ETF Common Class (CMR) to Issue Monthly Dividend of $0.09 on August 31st

iShares Premium Money Market ETF Common Class (TSE:CMR) declared a monthly dividend on Wednesday, August 26th, TickerTech Dividends reports. Shareholders of record on Monday, August 31st will be given a dividend of 0.093 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, August 26th.

iShares Premium Money Market ETF Common Class Price Performance

Shares of TSE:CMR opened at C$50.00 on Friday. The stock’s 50-day simple moving average is C$50.05 and its two-hundred day simple moving average is C$50.05. iShares Premium Money Market ETF Common Class has a 52-week low of C$50.00 and a 52-week high of C$50.14.

iShares Premium Money Market ETF Common Class Company Profile

The investment objective of the Fund is to maximize current income to the extent consistent with the preservation of capital and liquidity. To achieve its investment objective the investment strategy of the Fund is to invest in high-quality, short-term generally less than 90 days, investment grade debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances and commercial paper excluding asset-backed commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations.