Palmer Square CLO Senior Debt ETF (PSQA) To Go Ex-Dividend on September 24th
by Tristan Rich · The Markets DailyPalmer Square CLO Senior Debt ETF (NYSEARCA:PSQA – Get Free Report) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be paid a dividend of $0.2081 per share on Wednesday, September 30th. This represents a $0.83 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 5.1% increase from Palmer Square CLO Senior Debt ETF’s previous quarterly dividend of $0.1979.
Palmer Square CLO Senior Debt ETF Trading Down 0.9%
Shares of PSQA opened at $20.61 on Friday. Palmer Square CLO Senior Debt ETF has a 1-year low of $19.90 and a 1-year high of $21.09. The firm has a 50-day simple moving average of $20.66 and a two-hundred day simple moving average of $20.59.
About Palmer Square CLO Senior Debt ETF
The Palmer Square CLO Senior Debt ETF (PSQA) is an exchange-traded fund that is based on the Palmer Square CLO Senior Debt index. The fund tracks a market value-weighted index of floating rate, USD-denominated arbitrage collateralized loan obligations (CLOs) rated as AAA or AA by at least one of the major rating agencies. The fund specifically invests in the senior tranches of a CLO PSQA was launched on Sep 11, 2024 and is issued by Palmer Square.
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