Purpose Fund Corp. Announces CAD 0.072 Dividend for Purpose Real Estate Income Fund
Tuesday, 20 August 2024, 17:45
Purpose Fund Corp. Declares CAD 0.072 Dividend
Purpose Fund Corp. (PHR:CA) has recently declared a monthly dividend of CAD 0.072 for its Purpose Real Estate Income Fund. This move is seen as a positive indication of the fund's ongoing commitment to providing returns to its shareholders.
Key Details of the Dividend Announcement
This dividend translates into a forward yield of 3.25%. It is payable on September 4. Shareholders should take note of the implications this has for their investments.
- Dividend Amount: CAD 0.072 per share
- Payable Date: September 4
- Forward Yield: 3.25%
This declaration reinforces Purpose Fund Corp.'s strategy to enhance shareholder value through consistent returns.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.