iShares Premium Money Market ETF Common Class (TSE:CMR) Declares $0.11 Monthly Dividend

Key Points

• iShares Premium Money Market ETF Common Class (TSE:CMR) declared a monthly dividend of $0.11 per share, with an annualized yield of 2.6%.
• The dividend is payable to shareholders of record on September 29th, following an ex-dividend date of September 24th.
• As of September 24th, CMR shares traded at approximately C$50.11, remaining stable near its moving averages for the past 50 and 200 days.

iShares Premium Money Market ETF Common Class (TSE:CMR - Get Free Report) declared a monthly dividend on Wednesday, September 24th, TickerTech Dividends reports. Shareholders of record on Monday, September 29th will be given a dividend of 0.107 per share on Monday, September 29th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, September 24th.

iShares Premium Money Market ETF Common Class Stock Performance

CMR opened at C$50.11 on Wednesday. The stock has a fifty day moving average of C$50.06 and a 200-day moving average of C$50.07. iShares Premium Money Market ETF Common Class has a 12-month low of C$50.00 and a 12-month high of C$50.19.

About iShares Premium Money Market ETF Common Class

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.

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