Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Increases Dividend to $0.06 Per Share

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) announced a monthly dividend on Thursday, October 29th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0637 per share on Monday, November 2nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, October 30th. This is a 1.4% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.0628.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of AOHY opened at $10.80 on Friday. Angel Oak High Yield Opportunities ETF has a one year low of $10.58 and a one year high of $11.25. The firm has a market capitalization of $117.12 million, a P/E ratio of 2.33 and a beta of 0.20. The business has a fifty day moving average of $10.86 and a 200 day moving average of $11.02.

Angel Oak High Yield Opportunities ETF’s stock is scheduled to reverse split on Monday, November 16th. The 1-5 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 High Yield Opportunities ETF

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.