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Global X Raises HMP Monthly Distribution to CAD 0.02960

The payout is about 16.8% above September’s CAD 0.02535 distribution. Oct. 30 is both the ex-date and record date, with payment scheduled on or about Nov. 6.

A miniature civic hall beside a blank bond coupon / TokenPost.ai
A miniature civic hall beside a blank bond coupon / TokenPost.ai

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.

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