CI Canadian Banks Covered Call Income Class ETF (CIC.TO) went ex-dividend — CA$0.0697

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What Does Ex-Dividend Mean for Investors?

The CI Canadian Banks Covered Call Income Class ETF (CIC.TO) went ex-dividend on July 27, 2026. If you bought shares on or after this date, you won’t receive the upcoming dividend payment. The declared dividend is CA$0.0697 CAD, which will be paid on July 31, 2026, to those who held shares before the ex-dividend date.

Investor Takeaway: If you held CIC.TO shares before the ex-dividend date, this dividend payment is a return on your investment. The ETF has a solid track record, with 27 payments made over about 2.8 years and 13 increases in dividends noted.

Dividend Details for CIC.TO

The recent dividend of CA$0.0697 gives a trailing yield of 494.00%.

Understanding Ex-Dividend Dates

The ex-dividend date is crucial for investors because it determines who is eligible for the upcoming dividend payment. If you buy shares on or after the ex-dividend date, you won’t receive the declared dividend. In this case, since CIC.TO went ex on July 27, 2026, only those who held shares before this date will get the CA$0.0697 payment on July 31, 2026.

Dividend History and Performance

CIC.TO has a strong history of dividend payments, with 27 distributions over the past 2.8 years. The ETF has also increased its dividend 13 times, showing a commitment to providing value to investors. The latest dividend of CA$0.0697 follows a previous dividend of CA$0.0999, indicating some fluctuations in the payout that investors should keep in mind.

Dividend calendar