Purpose High Interest Savings About To Put More Money In Your Pocket (PSA)

On 2/28/14, Purpose High Interest Savings ET (TSX: PSA.TO) will trade ex-dividend, for its monthly dividend of $0.0515, payable on 3/7/14. As a percentage of PSA's recent stock price of $50.05, this dividend works out to approximately 0.10%.

Below is a dividend history chart for PSA, showing historical dividends prior to the most recent $0.0515 declared by Purpose High Interest Savings ET:


In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from PSA is likely to continue, and whether the current estimated yield of 1.23% on annualized basis is a reasonable expectation of annual yield going forward.

In Wednesday trading, Purpose High Interest Savings ET shares are currently trading flat on the day.

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