Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Declares Quarterly Dividend of $0.13

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) declared a quarterly dividend on Thursday, June 25th, NASDAQ Dividends reports. Investors of record on Friday, June 26th will be paid a dividend of 0.126 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, June 26th.

Cabana Target Drawdown 7 ETF Stock Performance

NASDAQ:TDSB traded down $0.02 during trading hours on Friday, reaching $24.58. The stock had a trading volume of 10,720 shares, compared to its average volume of 7,180. The stock has a market cap of $49.16 million, a P/E ratio of 20.85 and a beta of 0.34. The stock has a 50 day simple moving average of $24.78 and a 200 day simple moving average of $24.59. Cabana Target Drawdown 7 ETF has a 12-month low of $21.70 and a 12-month high of $25.30.

Cabana Target Drawdown 7 ETF Company Profile

The Cabana Target Drawdown 7 ETF (TDSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 7% from peak to trough. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.