Purpose High Interest Savings Fund (TSE:PSA) Trading Up 0% – What’s Next?

Purpose High Interest Savings Fund (TSE:PSA) shares were up 0% during mid-day trading on Friday . The company traded as high as C$50.10 and last traded at C$50.09. Approximately 73,383 shares were traded during trading, a decline of 43% from the average daily volume of 128,024 shares. The stock had previously closed at C$50.08.

Purpose High Interest Savings Fund Trading Up 0.0%

The business’s 50-day simple moving average is C$50.06 and its 200-day simple moving average is C$50.06.

Purpose High Interest Savings Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Tuesday, June 3rd were given a dividend of $0.1068 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Wednesday, May 28th.

About Purpose High Interest Savings Fund

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020.