iShares Premium Money Market ETF Common Class (TSE:CMR - Get Free Report) declared a monthly dividend on Wednesday, June 25th, TickerTech Dividends reports. Stockholders of record on Monday, June 30th will be given a dividend of 0.129 per share on Monday, June 30th. This represents a $1.55 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Wednesday, June 25th. This is a 27.7% increase from iShares Premium Money Market ETF Common Class's previous monthly dividend of $0.10.
iShares Premium Money Market ETF Common Class Price Performance
Shares of iShares Premium Money Market ETF Common Class stock opened at C$50.12 on Wednesday. iShares Premium Money Market ETF Common Class has a 12 month low of C$50.00 and a 12 month high of C$50.20. The business has a fifty day simple moving average of C$50.07 and a 200-day simple moving average of C$50.08.
About iShares Premium Money Market ETF Common Class
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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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