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

Canso Credit Income Fund (TSE:PBY.UN) declared a monthly dividend on Monday, April 29th, TickerTech reports. Shareholders 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 yield of 3.34%. The ex-dividend date of this dividend is Monday, April 29th.

Canso Credit Income Fund Stock Performance

PBY.UN opened at C$14.96 on Friday. Canso Credit Income Fund has a 1-year low of C$13.76 and a 1-year high of C$15.15. The company’s 50 day moving average is C$14.87 and its 200-day moving average is C$14.51.

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.