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Global X Income-Producing ETFs Declare First Distributions

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New York-based Global X Funds announced Friday the first monthly distributions for its Global X Canada Preferred ETF (CNPF) and Global X SuperDividend ETF (SDIV). both of which began trading this year.

CNPF, which started trading on May 25, is the first ETF to target Canadian companies that issue preferred stock.

SDIV, which started trading on June 9, provides exposure to 100 companies worldwide that rank among the highest-dividend-yielding equity securities in the world. It offers exposure to a broad range of countries and sectors.

While it is anticipated that future ex-dividend dates will fall on the first of the month, the company suggests interested parties consult the website to verify pay dates. For this distribution, holders of record as of July 6 will find their dividends payable on July 13. CNPF will pay $0.064906 per share; SDIV will pay (for a partial month) $0.101054696 per share.