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Purpose High Interest Savings Fund (TSE:PSA) Hits New 1-Year Low - Should You Sell?

Purpose High Interest Savings Fund logo with Finance background

Purpose High Interest Savings Fund (TSE:PSA - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as C$50.00 and last traded at C$50.01, with a volume of 82662 shares trading hands. The stock had previously closed at C$49.99.

Purpose High Interest Savings Fund Stock Up 0.0%

The business's fifty day moving average price is C$50.06 and its 200 day moving average price is C$50.07.

Purpose High Interest Savings Fund Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Tuesday, June 3rd will be paid a dividend of $0.1068 per share. The ex-dividend date is Wednesday, May 28th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.56%.

About Purpose High Interest Savings Fund

(Get Free Report)

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.

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