CI Canadian Convertible Bond ETF Common (CXF) to Issue Monthly Dividend of $0.04 on September 27th

CI Canadian Convertible Bond ETF Common (TSE:CXF) announced a monthly dividend on Thursday, September 12th, Zacks reports. Shareholders of record on Monday, September 23rd will be given a dividend of 0.04 per share on Friday, September 27th. This represents a $0.48 annualized dividend and a yield of 4.89%. The ex-dividend date is Monday, September 23rd.

CI Canadian Convertible Bond ETF Common Trading Down 2.0 %

TSE CXF opened at C$9.81 on Friday. The firm’s 50 day moving average is C$9.91 and its 200-day moving average is C$9.75. CI Canadian Convertible Bond ETF Common has a 12-month low of C$8.32 and a 12-month high of C$10.36.

About CI Canadian Convertible Bond ETF Common

Chimerix, Inc, a biopharmaceutical company, develops medicines to enhance the lives of patients living with serious diseases. The company’s approved product is TEMBEXA (brincidofovir), a lipid conjugate through inhibition of viral DNA synthesis that is developed as a medical countermeasure for smallpox.