Canso Credit Trust - Canso Credit Income Fund (TSE:PBY.UN) Declares Monthly Dividend of $0.04

Key Points

• Canso Credit Trust - Canso Credit Income Fund has declared a monthly dividend of $0.04 per share, scheduled for payment on September 10th to shareholders on record as of September 10th.
• The fund provides an annualized dividend yield of 3.2% and has a current stock price opening of C$15.84.
• Canso Credit Trust aims to maximize total returns for unitholders through a diversified portfolio, primarily consisting of corporate bonds.

Canso Credit Trust - Canso Credit Income Fund (TSE:PBY.UN - Get Free Report) announced a monthly dividend on Friday, August 29th, TickerTech Dividends reports. Shareholders of record on Wednesday, September 10th will be paid a dividend of 0.0417 per share on Wednesday, September 10th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, August 29th.

Canso Credit Trust - Canso Credit Income Fund Price Performance

Shares of PBY.UN opened at C$15.84 on Wednesday. Canso Credit Trust - Canso Credit Income Fund has a one year low of C$14.64 and a one year high of C$16.61. The stock's fifty day moving average is C$15.96 and its 200-day moving average is C$15.82.

Canso Credit Trust - Canso Credit Income Fund Company Profile

The investment objectives of the Fund are to maximize total returns for holders of Units (Unitholders) on a tax-advantaged basis, while reducing risk and provide Unitholders with attractive monthly tax-advantaged cash distributions; by exposure to a diversified portfolio consisting primarily of corporate bonds (the Portfolio).

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