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Global X Raises HMP Monthly Distribution to CAD 0.02960

Global X Raises HMP Monthly Distribution to CAD 0.02960

Photo: TokenPost

Global X Investments Canada Inc. set HMP’s October distribution at CAD 0.02960 per security, a 16.8% increase from September’s CAD 0.02535 distribution. Oct. 30 is both the ex-date and record date. Payment is scheduled on or about Nov. 6. HMP is listed on the Toronto Stock Exchange and aims to provide a high level of income by investing primarily in Canadian-dollar municipal bonds. Holders enrolled in the applicable distribution reinvestment plan may receive additional securities instead of cash.

Source: TokenPost

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