CIBC Active Investment Grade Floating Rate Bond ETF Announces CAD 0.072 Dividend
CIBC Active Investment Grade Floating Rate Bond ETF Dividend Analysis
The CIBC Active Investment Grade Floating Rate Bond ETF has recently declared a monthly dividend of CAD 0.072 per share. This declaration reflects the ETF's commitment to providing consistent returns to its investors. The dividend will be payable on September 5, and it applies to shareholders who are on record as of August 30. Investors looking for yield should mark the ex-dividend date to ensure eligibility for this dividend.
Important Dividend Dates
- Declaration Date: August 2023
- Ex-Dividend Date: August 29, 2023
- Record Date: August 30, 2023
- Payment Date: September 5, 2023
This monthly dividend serves as a vital income stream for investors focused on fixed income opportunities in today's market. With the rise in interest rates, floating rate bonds have become increasingly attractive. Investors are encouraged to evaluate how such dividends impact their overall investment strategy.
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.