Purpose High Interest Savings Fund (TSE:PSA) Stock Price Up 0% – Should You Buy?

Purpose High Interest Savings Fund (TSE:PSA) shares rose 0% on Wednesday . The company traded as high as C$50.09 and last traded at C$50.09. Approximately 92,486 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 134,687 shares. The stock had previously closed at C$50.08.

Purpose High Interest Savings Fund Stock Performance

The firm’s 50-day moving average is C$50.06 and its two-hundred day moving average is C$50.07.

Purpose High Interest Savings Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Tuesday, February 4th were paid a $0.1286 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $1.54 annualized dividend and a dividend yield of 3.08%.

Purpose High Interest Savings Fund Company Profile

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020.