Canso Credit Income Fund (TSE:PBY.UN) to Issue $0.04 Monthly Dividend

Canso Credit Income Fund (TSE:PBY.UN) declared a monthly dividend on Monday, April 29th, TickerTech reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.0417 per share on Friday, May 10th. This represents a $0.50 annualized dividend and a dividend yield of 3.34%. The ex-dividend date is Monday, April 29th.

Canso Credit Income Fund Stock Up 0.3 %

Shares of TSE PBY.UN traded up C$0.05 during trading on Friday, hitting C$14.96. The company had a trading volume of 3,600 shares, compared to its average volume of 6,460. The stock has a 50 day simple moving average of C$14.87 and a 200 day simple moving average of C$14.51. Canso Credit Income Fund has a 12 month low of C$13.76 and a 12 month high of C$15.15.

Canso Credit Income Fund Company Profile

Canso Credit Trust – Canso Credit Income Fund is a closed ended fixed income mutual fund launched by Lysander Funds Limited. The fund is managed by Canso Investment Counsel Ltd. It invests in the fixed income markets of Canada. The fund primarily invests in corporate bonds. It employs fundamental analysis with bottom-up and deep value approach to create its portfolio.