Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) Announces Dividend Increase – $0.08 Per Share

Nicholas Global Equity and Income ETF (NYSEARCA:GIAX) declared a dividend on Thursday, January 8th. Stockholders of record on Friday, January 9th will be given a dividend of 0.0778 per share on Monday, January 12th. This represents a dividend yield of 2,417.0%. The ex-dividend date of this dividend is Friday, January 9th. This is a 1.7% increase from Nicholas Global Equity and Income ETF’s previous dividend of $0.08.

Nicholas Global Equity and Income ETF Price Performance

Shares of GIAX stock opened at $16.74 on Friday. Nicholas Global Equity and Income ETF has a 1-year low of $14.20 and a 1-year high of $19.52. The firm’s 50-day simple moving average is $16.92 and its 200-day simple moving average is $17.42. The firm has a market cap of $81.69 million, a P/E ratio of 24.80 and a beta of 1.01.

About Nicholas Global Equity and Income ETF

The Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund that mostly invests in total market equity. The fund invests in globally listed stocks of index-tracking ETFs while employing a daily credit call spread strategy. The actively managed fund-of-funds primarily seeks high current income and, secondarily, capital appreciation. GIAX was launched on Jul 29, 2024 and is issued by Nicholas.