Horizons Exchange Traded Funds (Horizons ETFs) and two of its affiliates have released the distribution amounts per unit for certain of the Horizons ETFs family of ETFs for the period ending August 31. In accordance with the Horizons AlphaPro Tactical Bond ETF, AlphaPro Management has set the monthly distribution rate for the next 12 months based on an estimated distributable cash flow for the coming year of approximately $0.45 per unit. Horizons ETFs and BetaPro Management has also announced the first monthly distribution of $0.04818 for the Horizons Australian Dollar Currency ETF. The ex-dividend date for the distributions may be August 29 for all unit holders of record as on August 31.
Click here for the release from Canada Newswire.