Purpose High Interest Savings Fund (TSE:PSA – Get Free Report) shares shot up 0% on Friday . The stock traded as high as C$50.08 and last traded at C$50.08. Approximately 77,848 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 111,174 shares. The stock had previously closed at C$50.07.
Purpose High Interest Savings Fund Trading Up 0.0%
The company’s fifty day simple moving average is C$50.05 and its 200 day simple moving average is C$50.05.
Purpose High Interest Savings Fund Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, July 3rd. Stockholders of record on Friday, July 3rd were given a $0.0898 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a c) annualized dividend and a dividend yield of 2.2%.
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.
Further Reading
- Five stocks we like better than Purpose High Interest Savings Fund
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Purpose High Interest Savings Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Purpose High Interest Savings Fund and related companies with MarketBeat.com's FREE daily email newsletter.
