Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Raises Dividend to $0.08 Per Share

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) declared a quarterly dividend on Thursday, June 25th, NASDAQ Dividends reports. Stockholders of record on Friday, June 26th will be paid a dividend of 0.0797 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, June 26th. This is a 44.9% increase from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06.

Cabana Target Drawdown 10 ETF Stock Performance

Shares of TDSC stock traded up $0.02 during trading on Friday, hitting $27.58. 21,996 shares of the company were exchanged, compared to its average volume of 12,512. The firm has a market capitalization of $103.98 million, a price-to-earnings ratio of 26.78 and a beta of 0.46. The business’s 50-day simple moving average is $27.47 and its 200 day simple moving average is $26.57. Cabana Target Drawdown 10 ETF has a twelve month low of $23.98 and a twelve month high of $28.20.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) 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 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.