The Evolve Canadian Utilities Enhanced Yield Index Fd ETF announces a CAD 0.138 per share dividend, offering a 12.23% forward yield.
Evolve Canadian Utilities Enhanced Yield Index Fd ETF (UTES:CA) declared a monthly dividend of CAD 0.138 per share, translating to a 12.23% forward yield. The payment is scheduled for June 5, with a record date of May 29 and an ex-dividend date of May 29.
The fund focuses on high-yield Canadian utility stocks, aiming to provide investors with consistent income. The 12.23% yield reflects the ETF’s strategy of enhancing returns through dividend growth and yield optimization.
No immediate market reaction was specified following the announcement.