iShares Premium Money Market ETF Common Class to Issue Monthly Dividend of $0.10 (TSE:CMR)

iShares Premium Money Market ETF Common Class (TSE:CMR) announced a monthly dividend on Tuesday, July 28th, TickerTech Dividends reports. Stockholders of record on Friday, July 31st will be given a dividend of 0.105 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, July 28th.

iShares Premium Money Market ETF Common Class Price Performance

Shares of CMR opened at C$50.10 on Tuesday. The firm has a 50 day moving average of C$50.06 and a 200 day moving average of C$50.05. iShares Premium Money Market ETF Common Class has a twelve month low of C$50.00 and a twelve month 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.