Purpose US Cash Fund ETF (TSE:PSU.U) Announces Monthly Dividend of $0.31

Purpose US Cash Fund ETF (TSE:PSU.U) declared a monthly dividend on Wednesday, October 28th. Investors of record on Tuesday, November 3rd will be given a dividend of $0.3119 per share on Tuesday, November 3rd. This represents a $3.74 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, October 28th. This is a 0.5% increase from Purpose US Cash Fund ETF’s previous monthly dividend of $0.3104.

Purpose US Cash Fund ETF Trading Up 0.0%

Shares of TSE:PSU.U opened at C$100.31 on Wednesday. Purpose US Cash Fund ETF has a 12 month low of C$100.00 and a 12 month high of C$100.37. The company’s fifty day moving average price is C$100.17 and its 200 day moving average price 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.