Purpose High Interest Savings Fund (TSE:PSA) Announces Dividend Increase - $0.12 Per Share

Key Points

• Purpose High Interest Savings Fund (TSE:PSA) has declared a monthly dividend of $0.12 per share, which will be paid to stockholders on August 5th.
• The new dividend represents an 18.2% increase from the previous monthly dividend of $0.10, leading to an annualized dividend of $1.42 and a yield of 2.83%.
• As of the latest update, shares of PSA opened at C$50.11, with a 1-year trading range between C$50.00 and C$50.21.

Purpose High Interest Savings Fund (TSE:PSA - Get Free Report) announced a monthly dividend on Tuesday, July 29th, TickerTech Dividends reports. Shareholders of record on Tuesday, August 5th will be given a dividend of 0.1182 per share on Tuesday, August 5th. This represents a $1.42 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Tuesday, July 29th. This is a 18.2% increase from Purpose High Interest Savings Fund's previous monthly dividend of $0.10.

Purpose High Interest Savings Fund Stock Performance

Shares of PSA stock traded up C$0.01 on Thursday, hitting C$50.01. The company had a trading volume of 108,011 shares, compared to its average volume of 126,146. The company has a 50-day moving average price of C$50.06 and a 200-day moving average price of C$50.06. Purpose High Interest Savings Fund has a twelve month low of C$50.00 and a twelve month high of C$50.18.

Purpose High Interest Savings Fund Company Profile

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc NYSE: PSB which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020.