Strive Mid-Cap ETF (NYSEARCA:STXM) Increases Dividend to $0.10 Per Share

Strive Mid-Cap ETF (NYSEARCA:STXM) announced a quarterly dividend on Wednesday, December 10th. Investors of record on Thursday, December 11th will be paid a dividend of 0.0986 per share on Friday, December 12th. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 25.0% increase from Strive Mid-Cap ETF’s previous quarterly dividend of $0.08.

Strive Mid-Cap ETF Trading Up 1.7%

STXM traded up $0.49 during trading on Thursday, reaching $29.16. 1,071 shares of the company were exchanged, compared to its average volume of 4,236. Strive Mid-Cap ETF has a 52 week low of $21.24 and a 52 week high of $29.10. The firm has a 50 day moving average of $28.27 and a 200 day moving average of $27.46. The stock has a market cap of $21.58 million, a P/E ratio of 20.26 and a beta of 1.16.

Strive Mid-Cap ETF Company Profile

The index measures the performance of the mid-capitalization sector in the U.S. equity market as determined by Bloomberg. Under normal circumstances, substantially all, but at least 80%, of the fund’s total assets will be invested in mid-capitalization companies.