Purpose US Cash Fund ETF (TSE:PSU.U) to Issue $0.28 Monthly Dividend

Purpose US Cash Fund ETF (TSE:PSU.U) announced a monthly dividend on Thursday, August 27th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 2nd will be given a dividend of 0.2811 per share on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Thursday, August 27th.

Purpose US Cash Fund ETF Stock Performance

TSE:PSU.U opened at C$100.01 on Friday. Purpose US Cash Fund ETF has a 52 week low of C$100.00 and a 52 week high of C$100.37. The stock’s fifty day moving average is C$100.16 and its two-hundred day moving average is C$100.15.

Purpose US Cash Fund ETF Company Profile

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.