Overlay Shares Municipal Bond ETF (OVM) to Issue Quarterly Dividend of $0.09 on January 29th

Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) announced a quarterly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be given a dividend of 0.0935 per share on Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Wednesday, January 28th.

Overlay Shares Municipal Bond ETF Trading Down 0.3%

Shares of Overlay Shares Municipal Bond ETF stock opened at $21.63 on Thursday. The business’s fifty day moving average price is $21.62 and its 200 day moving average price is $21.41. Overlay Shares Municipal Bond ETF has a twelve month low of $19.77 and a twelve month high of $22.28. The stock has a market capitalization of $33.53 million, a P/E ratio of 23.80 and a beta of 0.39.

About Overlay Shares Municipal Bond ETF

The Overlay Shares Municipal Bond ETF (OVM) is an exchange-traded fund that is based on the Bloomberg Municipal Bond index. The fund is actively managed to provide exposure to U.S. municipal bonds combined with a U.S OVM was launched on Sep 30, 2019 and is managed by Overlay Shares.