Monarch ProCap Index ETF (MPRO) to Issue Quarterly Dividend of $0.16 on September 29th

Monarch ProCap Index ETF (BATS:MPRO) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of $0.1619 per share on Tuesday, September 29th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, September 24th. This is a 12.8% increase from Monarch ProCap Index ETF’s previous quarterly dividend of $0.1435.

Monarch ProCap Index ETF Trading Down 0.7%

BATS MPRO opened at $31.73 on Friday. The company has a market cap of $266.53 million, a PE ratio of 24.22 and a beta of 0.55. Monarch ProCap Index ETF has a 12 month low of $30.17 and a 12 month high of $32.99. The stock has a 50 day moving average of $32.45 and a 200-day moving average of $32.29.

Monarch ProCap Index ETF Company Profile

The Monarch ProCap ETF (MPRO) is an exchange-traded fund that is based on the Kingsview ProCap index. The fund tracks an index that allocates 90% to global equity and fixed income and 10% to alternatives, depending on the economic cycles. MPRO was launched on Mar 23, 2021 and is managed by Monarch.