Sound Equity Dividend Income ETF (NYSEARCA:DIVY) Announces $0.01 Dividend

Sound Equity Dividend Income ETF (NYSEARCA:DIVY) declared a dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be given a dividend of 0.01 per share on Friday, February 27th. This represents a yield of 83.0%. The ex-dividend date of this dividend is Thursday, February 26th.

Sound Equity Dividend Income ETF Price Performance

NYSEARCA:DIVY traded up $0.12 on Thursday, hitting $28.95. 1,061 shares of the company’s stock were exchanged, compared to its average volume of 3,458. The firm has a 50-day moving average price of $27.54 and a 200-day moving average price of $26.46. Sound Equity Dividend Income ETF has a 52 week low of $21.55 and a 52 week high of $29.26. The company has a market cap of $30.39 million, a P/E ratio of 15.13 and a beta of 0.74.

Sound Equity Dividend Income ETF Company Profile

The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.