The fund announces a CAD 0.147 per share dividend, yielding 10.48%, payable June 5 to May 29 shareholders.
Evolve Canadian Energy Enhanced Yield Index Fund ETF (OILY:CA) declared a monthly dividend of CAD 0.147 per share. The payout equates to a forward yield of 10.48%, reflecting the fund’s focus on high-income energy sector investments.
The dividend is payable on June 5 to shareholders of record as of May 29, with an ex-dividend date also set for May 29. The fund targets enhanced yield through a covered-call strategy on Canadian energy equities.
No immediate market reaction was specified following the announcement.