Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Plans Quarterly Dividend of $0.17

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) declared a quarterly dividend on Thursday, March 26th, NASDAQ Dividends reports. Stockholders of record on Friday, March 27th will be given a dividend of 0.1738 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, March 27th. This is a 35.0% increase from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.13.

Cabana Target Drawdown 7 ETF Price Performance

Shares of TDSB traded down $0.11 during mid-day trading on Friday, hitting $24.00. The stock had a trading volume of 1,806 shares, compared to its average volume of 10,649. Cabana Target Drawdown 7 ETF has a 52 week low of $20.83 and a 52 week high of $25.30. The business has a fifty day moving average price of $24.71 and a 200-day moving average price of $24.14. The firm has a market cap of $54 million, a P/E ratio of 20.85 and a beta of 0.34.

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