iShares Premium Money Market ETF Common Class Announces Monthly Dividend of $0.08 (TSE:CMR)

iShares Premium Money Market ETF Common Class (TSE:CMR) announced a monthly dividend on Wednesday, November 19th, TickerTech Dividends reports. Shareholders of record on Friday, November 28th will be given a dividend of 0.075 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, November 19th.

iShares Premium Money Market ETF Common Class Price Performance

TSE:CMR opened at C$50.07 on Monday. iShares Premium Money Market ETF Common Class has a 12-month low of C$50.00 and a 12-month high of C$50.19. The stock’s 50 day simple moving average is C$50.06 and its 200-day simple moving average is C$50.06.

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.