Cabana Target Drawdown 7 ETF Plans Quarterly Dividend of $0.13 (NASDAQ:TDSB)

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) announced a quarterly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.1287 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 30th.

Cabana Target Drawdown 7 ETF Trading Down 0.6%

Cabana Target Drawdown 7 ETF stock opened at $24.15 on Tuesday. The company has a market cap of $62.31 million, a P/E ratio of 20.85 and a beta of 0.34. Cabana Target Drawdown 7 ETF has a 1-year low of $20.83 and a 1-year high of $24.30. The company has a fifty day simple moving average of $23.99 and a 200 day simple moving average of $23.21.

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. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.