Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Announces Quarterly Dividend of $0.08

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) declared a quarterly dividend on Thursday, June 25th, NASDAQ Dividends reports. Investors of record on Friday, June 26th will be paid a dividend of 0.0797 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, June 26th. This is a 44.9% increase from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06.

Cabana Target Drawdown 10 ETF Price Performance

NASDAQ:TDSC traded up $0.02 during mid-day trading on Friday, reaching $27.58. 21,996 shares of the company’s stock traded hands, compared to its average volume of 12,512. The company has a 50 day moving average price of $27.47 and a 200-day moving average price of $26.57. The firm has a market capitalization of $103.98 million, a price-to-earnings ratio of 26.78 and a beta of 0.46. Cabana Target Drawdown 10 ETF has a 12-month low of $23.98 and a 12-month high of $28.20.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.