Cabana Target Drawdown 7 ETF to Issue Quarterly Dividend of $0.11 (NASDAQ:TDSB)

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) announced a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be given a dividend of 0.1074 per share on Thursday, March 27th. This represents a $0.43 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Wednesday, March 26th.

Cabana Target Drawdown 7 ETF Trading Down 0.5 %

Shares of Cabana Target Drawdown 7 ETF stock traded down $0.11 during mid-day trading on Wednesday, reaching $22.05. 805 shares of the stock were exchanged, compared to its average volume of 14,733. Cabana Target Drawdown 7 ETF has a fifty-two week low of $21.42 and a fifty-two week high of $22.95. The firm has a 50-day simple moving average of $22.12 and a 200 day simple moving average of $22.33. The company has a market cap of $80.92 million, a price-to-earnings ratio of 20.70 and a beta of 0.35.

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.