Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) Plans Monthly Dividend of $0.04

Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) declared a monthly dividend on Wednesday, July 31st, TickerTech reports. Shareholders of record on Monday, August 12th will be paid a dividend of 0.0417 per share on Monday, August 12th. This represents a $0.50 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Wednesday, July 31st.

Canso Credit Trust – Canso Credit Income Fund Stock Down 1.9 %

TSE:PBY.UN opened at C$14.93 on Tuesday. The firm’s fifty day moving average is C$15.04 and its 200-day moving average is C$14.89. Canso Credit Trust – Canso Credit Income Fund has a 52 week low of C$13.76 and a 52 week high of C$15.23.

About Canso Credit Trust – Canso Credit Income Fund

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.