iShares Premium Money Market ETF Common Class (CMR) To Go Ex-Dividend on July 28th

iShares Premium Money Market ETF Common Class (TSE:CMR) declared a monthly dividend on Tuesday, July 28th, TickerTech Dividends reports. Investors of record on Friday, July 31st will be given a dividend of 0.105 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, July 28th.

iShares Premium Money Market ETF Common Class Stock Performance

Shares of CMR stock opened at C$50.01 on Thursday. The stock has a 50 day simple moving average of C$50.06 and a 200 day simple moving average of C$50.05. iShares Premium Money Market ETF Common Class has a 1 year low of C$50.00 and a 1 year high of C$50.14.

About iShares Premium Money Market ETF Common Class

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.