Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Raises Dividend to $0.12 Per Share

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.1164 per share on Wednesday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Tuesday, September 29th. This is a 18.9% increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.0979.

Touchstone Strategic Income Opportunities ETF Stock Down 0.8%

SIO traded down $0.21 during trading on Tuesday, hitting $24.55. The company’s stock had a trading volume of 20,716 shares, compared to its average volume of 31,780. The firm’s 50 day moving average price is $25.28 and its two-hundred day moving average price is $25.56. Touchstone Strategic Income Opportunities ETF has a 12 month low of $24.51 and a 12 month high of $27.38. The stock has a market capitalization of $287.97 million, a price-to-earnings ratio of 18.97 and a beta of 0.28.

About Touchstone Strategic Income Opportunities ETF

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.