ETFs

Global X Canadian Oil and Gas Equity Covered Call ETF Announces CAD 0.13 Dividend

Published December 23, 2024

The Global X Canadian Oil and Gas Equity Covered Call ETF, traded under the symbol TSX:ENCC:CA, has officially declared a monthly dividend of CAD 0.13 per share. This announcement is significant for investors and stakeholders involved with the ETF.

Important Dates

The dividend of CAD 0.13 will be payable on January 8. To qualify for this dividend, shareholders must be on record by December 31. Additionally, the ex-dividend date is also set for December 31.

Understanding the ETF

The Global X Canadian Oil and Gas Equity Covered Call ETF focuses on investing in companies within the oil and gas sector in Canada. By employing a covered call strategy, the ETF aims to generate income from its holdings while providing exposure to the performance of Canadian oil and gas equities.

Dividend Scorecard

Investors can view the ENCC:CA Dividend Scorecard, Yield Chart, and Dividend Growth metrics to obtain a comprehensive understanding of the ETF’s financial performance and dividend history. This information is essential for current and potential investors looking to assess the value of the ETF in terms of income generation.

Conclusion

The declaration of a monthly dividend by the Global X Canadian Oil and Gas Equity Covered Call ETF underscores its commitment to returning value to shareholders. Investors interested in this ETF should take note of the important dates and consider the ETF's performance and strategy as part of their investment decisions.

dividend, ETF, investment