Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Increases Dividend to $0.23 Per Share

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) announced a quarterly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.2303 per share on Thursday, March 27th. This represents a $0.92 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date of this dividend is Wednesday, March 26th. This is a 204.2% increase from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.08.

Cabana Target Drawdown 10 ETF Stock Down 1.5 %

Shares of TDSC stock traded down $0.37 during trading hours on Wednesday, hitting $25.06. 4,760 shares of the company’s stock traded hands, compared to its average volume of 25,693. The stock’s fifty day simple moving average is $25.27 and its two-hundred day simple moving average is $25.28. Cabana Target Drawdown 10 ETF has a 12-month low of $23.13 and a 12-month high of $26.02. The stock has a market cap of $186.45 million, a price-to-earnings ratio of 24.33 and a beta of 0.40.

Cabana Target Drawdown 10 ETF Company Profile

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.