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

Canso Credit Trust – Canso Credit Income Fund (TSE:PBY.UN) declared a monthly dividend on Friday, February 28th, TickerTech Dividends reports. Investors of record on Monday, March 10th will be paid a dividend of 0.0417 per share on Monday, March 10th. This represents a $0.50 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Friday, February 28th.

Canso Credit Trust – Canso Credit Income Fund Trading Up 0.9 %

PBY.UN traded up C$0.14 during mid-day trading on Wednesday, hitting C$16.25. The stock had a trading volume of 400 shares, compared to its average volume of 6,227. The stock’s fifty day simple moving average is C$15.94 and its 200-day simple moving average is C$15.58. Canso Credit Trust – Canso Credit Income Fund has a 1-year low of C$14.71 and a 1-year high of C$16.47.

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.