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

Key Points

• Monthly dividend of $0.095 announced, payable to shareholders of record on March 31 with an ex-dividend date of March 26; this implies an annualized yield of 2.3% and is an 8.0% increase from the prior monthly payout of $0.09.
• CMR shares opened at C$50.09 and trade near their moving averages (50‑day C$50.05; 200‑day C$50.06), with a one‑year range of C$50.00 to C$50.14, indicating very limited price movement.
• The fund’s objective is to maximize current income while preserving capital and liquidity by investing in high‑quality, short‑term (generally under 90 days) Canadian investment‑grade debt such as T‑bills, bankers’ acceptances and commercial paper.

iShares Premium Money Market ETF Common Class (TSE:CMR - Get Free Report) announced a monthly dividend on Thursday, March 26th, TickerTech Dividends reports. Stockholders of record on Tuesday, March 31st will be paid a dividend of 0.095 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, March 26th. This is a 8.0% increase from iShares Premium Money Market ETF Common Class's previous monthly dividend of $0.09.

iShares Premium Money Market ETF Common Class Price Performance

Shares of CMR stock opened at C$50.09 on Thursday. The firm has a fifty day moving average of C$50.05 and a two-hundred day moving average of C$50.06. iShares Premium Money Market ETF Common Class has a 1-year low of C$50.00 and a 1-year 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.

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