Angel Oak Income ETF (NASDAQ:CARY – Get Free Report) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.1044 per share on Monday, November 2nd. This represents a $1.25 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, October 30th. This is a 1.9% increase from Angel Oak Income ETF’s previous monthly dividend of $0.1025.
Angel Oak Income ETF Price Performance
NASDAQ:CARY opened at $20.34 on Friday. The business has a fifty day simple moving average of $20.39 and a two-hundred day simple moving average of $20.73. Angel Oak Income ETF has a 1 year low of $20.07 and a 1 year high of $21.55.
Angel Oak Income ETF shares are going to reverse split on the morning of Monday, November 16th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 15th.
About Angel Oak Income ETF
The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.
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