Sound Equity Dividend Income ETF (DIVY) to Distribute Dividend of $0.04 on September 30th
by Danessa Lincoln · The Markets DailySound Equity Dividend Income ETF (NYSE:DIVY – Get Free Report) declared a dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.0390 per share on Wednesday, September 30th. This represents a yield of 321.0%. The ex-dividend date of this dividend is Tuesday, September 29th.
Sound Equity Dividend Income ETF Price Performance
Shares of NYSE DIVY opened at $29.14 on Wednesday. The company has a market cap of $27.68 million, a price-to-earnings ratio of 15.13 and a beta of 0.66. The stock’s 50-day moving average is $30.57 and its two-hundred day moving average is $29.11. Sound Equity Dividend Income ETF has a 1-year low of $24.94 and a 1-year high of $31.40.
Sound Equity Dividend Income ETF Company Profile
The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.
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