Monarch Dividend Plus Index ETF to Issue Quarterly Dividend of $0.08 (BATS:MDPL)

Monarch Dividend Plus Index ETF (BATS:MDPL) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of 0.0847 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 24th.

Monarch Dividend Plus Index ETF Stock Performance

MDPL stock traded down $0.54 during mid-day trading on Thursday, reaching $27.72. The company had a trading volume of 1,410 shares, compared to its average volume of 11,196. The firm has a fifty day simple moving average of $29.16 and a 200 day simple moving average of $27.06. The company has a market capitalization of $60.43 million, a price-to-earnings ratio of 12.20 and a beta of 0.69. Monarch Dividend Plus Index ETF has a fifty-two week low of $24.46 and a fifty-two week high of $31.17.

About Monarch Dividend Plus Index ETF

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.