Purpose High Interest Savings Fund (TSE:PSA) Reaches New 52-Week Low - Time to Sell?

Purpose High Interest Savings Fund (TSE:PSA - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$50.00 and last traded at C$50.00, with a volume of 175013 shares changing hands. The stock had previously closed at C$50.01.

Purpose High Interest Savings Fund Stock Performance

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

Purpose High Interest Savings Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, May 2nd. Investors of record on Friday, May 2nd were paid a dividend of $0.1146 per share. The ex-dividend date of this dividend was Monday, April 28th. This is a boost from Purpose High Interest Savings Fund's previous monthly dividend of $0.11. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.75%.

About Purpose High Interest Savings Fund

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.