CARS.U:CA sets a $0.021 per share payout for May, yielding 0.72% annually based on current prices.
Evolve Automobile Innovation Index ETF (CARS.U:CA) announced a $0.021 per share monthly dividend, maintaining its recent payout level. The forward yield stands at 0.72%, reflecting the fund’s current share price.
The dividend is payable June 5 to shareholders of record as of May 29, with the ex-dividend date also set for May 29. The fund’s consistent monthly distributions align with its strategy of providing regular income to investors.
No immediate market reaction was reported following the announcement, which follows the ETF’s established dividend schedule.