Sound Equity Dividend Income ETF (NYSE:DIVY) to Issue $0.04 Dividend

Sound Equity Dividend Income ETF (NYSE:DIVY) declared a dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.039 per share on Wednesday, September 16th. This represents a dividend yield of 306.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

Sound Equity Dividend Income ETF Stock Performance

Shares of DIVY opened at $30.61 on Tuesday. Sound Equity Dividend Income ETF has a 1 year low of $24.94 and a 1 year high of $31.40. The company’s 50 day simple moving average is $30.52 and its 200 day simple moving average is $28.99. The company has a market capitalization of $29.08 million, a price-to-earnings ratio of 15.13 and a beta of 0.66.

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.