Hamilton Canadian Financials Yield Maximizer ETF T.HMAX

New Press Release - Hamilton ETFs Announces Monthly Distributions for May 2023

Hamilton Capital Partners Inc. (“Hamilton ETFs”) is pleased to announce the cash distributions for its ETFs with monthly payouts, all of which trade on the Toronto Stock Exchange, for the month ended May 31, 2023. The ex-dividend date for these distributions is anticipated to be May 30, 2023...read article.

[ANALOG GUY]

$.18 dividend announced  She's hanging right in 

[1condor]

They did clip the divvy a little from .0185 to .018.  However good to see that the banks did increase their divys on their recent earnings reports.

[1condor]

Will be interesting to see if they will do another clip to the divvy in June. The shareprice on this one has been ugly since it premiered. Quickly becoming a non-believer of these high divvy players as the divvy is not making up for the depreciation of the ETF....not a winning strategy and suspect these covered call high divvy players will wane in popularity as investors do the math.

[BlueJay2020]

Far too early to make a judgement call - they've picked one of the worst times since the GFC to launch a bank ETF.