Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Declares Quarterly Dividend of $0.11

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) declared a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 26th will be paid a dividend of 0.1074 per share on Thursday, March 27th. This represents a $0.43 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date is Wednesday, March 26th.

Cabana Target Drawdown 7 ETF Stock Performance

TDSB stock traded down $0.11 during mid-day trading on Wednesday, hitting $22.05. The company had a trading volume of 805 shares, compared to its average volume of 14,733. The firm has a market cap of $80.92 million, a PE ratio of 20.70 and a beta of 0.35. Cabana Target Drawdown 7 ETF has a 12 month low of $21.42 and a 12 month high of $22.95. The stock’s fifty day moving average price is $22.12 and its two-hundred day moving average price is $22.33.

Cabana Target Drawdown 7 ETF Company Profile

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.