Caldwell US Dividend Advantage Fund (TSE:UDA.UN) announced a monthly dividend on Friday, April 27th, TickerTech reports. Investors of record on Tuesday, May 15th will be paid a dividend of 0.05 per share on Tuesday, May 15th. This represents a $0.60 annualized dividend and a yield of 6.06%. The ex-dividend date is Friday, April 27th.
Shares of UDA.UN stock opened at C$9.90 on Friday. Caldwell US Dividend Advantage Fund has a one year low of C$9.56 and a one year high of C$11.11.
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About Caldwell US Dividend Advantage Fund
Caldwell US Dividend Advantage Fund (the Fund) is a closed-end investment fund. The investment objective of the Fund is to provide the holders of the units with monthly cash distribution and the potential for capital appreciation and enhanced long-term risk adjusted returns. The Fund invests in an actively managed portfolio consisting of primarily of the United States dividend-paying equity securities that exhibit a combination of low current volatility and high profitability.
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