Solana ETF (NASDAQ:SOLZ) Raises Dividend to $0.01 Per Share

Solana ETF (NASDAQ:SOLZ) declared a dividend on Tuesday, May 19th, NASDAQ Dividends reports. Stockholders of record on Wednesday, May 20th will be paid a dividend of 0.0149 per share on Thursday, May 21st. The ex-dividend date is Wednesday, May 20th. This is a 9.6% increase from Solana ETF’s previous dividend of $0.01.

Solana ETF Stock Performance

NASDAQ:SOLZ traded up $0.17 during midday trading on Wednesday, reaching $8.65. The stock had a trading volume of 875,822 shares, compared to its average volume of 2,019,260. Solana ETF has a 1-year low of $7.68 and a 1-year high of $27.12. The firm’s fifty day simple moving average is $8.78 and its 200-day simple moving average is $11.28.

About Solana ETF

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.