Global X Canadian Oil and Gas Equity Covered Call ETF Announces Monthly $0.13 Dividend

Monday, 26 August 2024, 13:52

Global X Canadian Oil and Gas Equity Covered Call ETF has declared a $0.13 monthly dividend, payable on Sept. 9 to shareholders of record on Aug. 30. This announcement reflects the fund's strategic approach to maximizing shareholder returns through covered call strategies. Investors can expect this dividend to bolster their investment in the energy sector.
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Global X Canadian Oil and Gas Equity Covered Call ETF Announces Monthly $0.13 Dividend

Global X Canadian Oil and Gas Equity Covered Call ETF Declares $0.13 Dividend

Global X Canadian Oil and Gas Equity Covered Call ETF has declared a monthly dividend of $0.13 per share, showing its commitment to returning value to shareholders. This dividend is payable on September 9 to those shareholders who are on record as of August 30. The ex-dividend date is also set for August 30, which is pivotal for investors planning their purchase dates.

Dividend Strategy and Market Impact

The monthly dividend showcases Global X's strategy of utilizing covered call options to generate income, particularly important in the current energy market landscape. These dividends not only provide immediate income for investors but also signify confidence in the fund's asset management and the underlying oil and gas equity performance.

  • Dividend Amount: $0.13/share
  • Payable Date: September 9
  • Record Date: August 30
  • Ex-Dividend Date: August 30

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.


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