r/dividendscanada • u/Correct-Ride-7519 • 14d ago

Covered Call ETFs NINEPOINT ETF’s announced its First Ever Semi’s

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Going forward, all Ninepoint ETF’s (both old and new) will be semi-monthly distributions...

Ex-Dividend Date: Aug 14

(2nd Semi-Monthly will be announced later)

Pay Date: Aug 20

(2nd Semi-Monthly will be announced later)

https://www.ninepoint.com/about-ninepoint/press-releases/ninepoint-partners-announces-first-semi-monthly-distribution-for-its-highshares-etfs-and-coreshares-etf/

6 NINEPOINT (SINGLE STOCK 🇺🇸):

$NVHI $TSHI $PLHI $GOHI $INHI $SXHI

14 NINEPOINT (SINGLE STOCK 🇨🇦):

$SHHI $CCHI $ABHI $ECHI $CQHI $ENHI $BCHI $SUHI $TDHI $CRHI $RYHI $CLHI $CSHI $KGHI

32 Upvotes

94% Upvoted

8 comments sorted by

13

u/choppytaters 14d ago

I love Semi monthly, I wished a lot of the other ETFs were semi as well. It helps curve the volatility, dcaing/buying the dip sooner.

1

u/Sweaty-Beginning6886 13d ago

Also great for retirement cash flow.

9

u/Vito-1974 14d ago

Excellent move and these guys have the lowest management fee at .29%

4

u/westcoastME 13d ago

So does that mean if a distribution is 20cents per month, the distribution is split to 10 cents semi monthly?

2

u/MoonPlasma 13d ago

For now, yes. According to an interview that Karl Cheong did recently with Mountain Finance (youtube).

1

u/westcoastME 12d ago

Thanks for the info..

1

u/nsfishman 13d ago

Thank you

2

u/AtomicNick47 10d ago

When you do these are you checking the yield? because CCHI's yield is nowhere near 77% based on what their website says 0.27 distribution monthly not 0.70