Monarch Ambassador Income Index ETF (BATS:MAMB) to Issue $0.16 Quarterly Dividend

Monarch Ambassador Income Index ETF (BATS:MAMB) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.1617 per share on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, September 24th.

Monarch Ambassador Income Index ETF Price Performance

Shares of BATS:MAMB traded down $0.04 during mid-day trading on Thursday, reaching $23.23. The stock had a trading volume of 65,581 shares, compared to its average volume of 28,605. The business’s 50 day moving average price is $23.79 and its 200 day moving average price is $24.05. Monarch Ambassador Income Index ETF has a 1 year low of $23.05 and a 1 year high of $24.83.

Monarch Ambassador Income Index ETF Company Profile

The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.