Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Increases Dividend to $0.16 Per Share

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) announced a quarterly dividend on Monday, September 23rd, NASDAQ reports. Shareholders of record on Tuesday, September 24th will be given a dividend of 0.1606 per share on Wednesday, September 25th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Tuesday, September 24th. This is an increase from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.07.

Cabana Target Drawdown 7 ETF Trading Down 0.2 %

Shares of TDSB stock opened at $22.70 on Wednesday. Cabana Target Drawdown 7 ETF has a 12 month low of $20.63 and a 12 month high of $22.95. The stock has a market cap of $107.81 million, a P/E ratio of 17.94 and a beta of 0.35. The company has a 50 day simple moving average of $22.54 and a two-hundred day simple moving average of $22.13.

About Cabana Target Drawdown 7 ETF

The Cabana Target Drawdown 7 ETF (TDSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 7% from peak to trough.