CurrencyShares Canadian Dollar ETF (FXC) Announces Dividend Increase – $0.01 Per Share
CurrencyShares Canadian Dollar ETF (NYSEARCA:FXC) announced a monthly dividend on Friday, December 1st, Wall Street Journal reports. Investors of record on Monday, December 4th will be paid a dividend of 0.0058 per share by the exchange traded fund on Friday, December 8th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 0.09%. The ex-dividend date is Friday, December 1st. This is a positive change from CurrencyShares Canadian Dollar ETF’s previous monthly dividend of $0.00061.
Shares of CurrencyShares Canadian Dollar ETF (FXC) traded down $0.26 during trading on Friday, reaching $76.45. The company had a trading volume of 12,700 shares, compared to its average volume of 71,555. CurrencyShares Canadian Dollar ETF has a 12 month low of $71.70 and a 12 month high of $81.49.
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CurrencyShares Canadian Dollar ETF Company Profile
Guggenheim CurrencyShares Canadian Dollar Trust, formerly CurrencyShares Canadian Dollar Trust, is a grantor trust. The Trust issues shares (the Shares) in blocks of 50,000 (a Basket) in exchange for deposits of Canadian dollars and distributes Canadian dollars in connection with the redemption of Baskets.
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