STF Tactical Growth & Income ETF (NASDAQ:TUGN) to Issue Monthly Dividend of $0.25

STF Tactical Growth & Income ETF (NASDAQ:TUGN) announced a monthly dividend on Wednesday, January 21st. Investors of record on Thursday, January 22nd will be paid a dividend of 0.2493 per share on Friday, January 23rd. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date of this dividend is Thursday, January 22nd.

STF Tactical Growth & Income ETF Stock Up 1.2%

Shares of NASDAQ:TUGN opened at $25.29 on Thursday. The company has a 50 day moving average of $25.56 and a two-hundred day moving average of $25.55. STF Tactical Growth & Income ETF has a 52-week low of $18.60 and a 52-week high of $27.05. The company has a market capitalization of $68.79 million, a price-to-earnings ratio of 32.38 and a beta of 0.70.

STF Tactical Growth & Income ETF Company Profile

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.