The Desjardins Canadian Short Term Bond Index ETF sets a CAD 0.0431 per share dividend, yielding 1.99% annually.
Desjardins Canadian Short Term Bond Index ETF (DCS:CA) announced a monthly dividend of CAD 0.0431 per share. The forward yield stands at 1.99%, reflecting current bond market conditions and fund performance.
The dividend is payable on May 29 to shareholders of record as of May 22, with an ex-dividend date also set for May 22. The payout aligns with the ETF’s strategy of providing regular income from short-term Canadian bond holdings.
No immediate market reaction was specified, though such distributions typically attract income-focused investors seeking stable returns in low-volatility fixed-income assets.