Amplify COWS Covered Call ETF (NASDAQ:HCOW) to Issue Monthly Dividend of $0.24

Amplify COWS Covered Call ETF (NASDAQ:HCOW) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.2444 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 12.2%. The ex-dividend date of this dividend is Thursday, January 29th.

Amplify COWS Covered Call ETF Stock Down 0.8%

NASDAQ HCOW traded down $0.21 during midday trading on Thursday, hitting $24.11. The company had a trading volume of 2,306 shares, compared to its average volume of 4,259. Amplify COWS Covered Call ETF has a fifty-two week low of $20.04 and a fifty-two week high of $25.77. The stock has a market cap of $13.02 million, a price-to-earnings ratio of 13.13 and a beta of 0.90. The firm has a fifty day simple moving average of $24.42 and a two-hundred day simple moving average of $24.09.

Institutional Investors Weigh In On Amplify COWS Covered Call ETF

A hedge fund recently raised its stake in Amplify COWS Covered Call ETF stock. Citadel Advisors LLC lifted its stake in shares of Amplify COWS Covered Call ETF (NASDAQ:HCOW) by 22.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,859 shares of the company’s stock after acquiring an additional 4,334 shares during the period. Citadel Advisors LLC owned 4.42% of Amplify COWS Covered Call ETF worth $573,000 at the end of the most recent reporting period.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.