MarketPR
In focus for income holders: ZWCCF has declared a monthly cash dividend of CAD 0.12 per share, with the ex-dividend date and the record date both set for August 28. Payment goes out on September 2.
The line for positioning is August 28. Ex-date and record date landing on the same calendar day means shares must be settled on the books before that session opens.
Buyers entering on or after August 28 will not collect this distribution. ZWCCF has designated this as a monthly dividend, placing it in the recurring income category.
Future declarations will carry their own terms, so neither the cadence nor the rate is guaranteed beyond this cycle by today's announcement alone.
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