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

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

Canso Credit Trust – Canso Credit Income Fund Stock Performance

TSE:PBY.UN traded up C$0.14 on Wednesday, reaching C$16.25. The stock had a trading volume of 400 shares, compared to its average volume of 6,227. The company has a 50-day moving average of C$15.94 and a 200 day moving average of C$15.58. Canso Credit Trust – Canso Credit Income Fund has a 12-month low of C$14.71 and a 12-month 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.