RH Hedged Multi-Asset Income ETF (AMAX) to Issue Monthly Dividend of $0.08 on January 30th

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) announced a monthly dividend on Wednesday, January 28th. Shareholders of record on Thursday, January 29th will be paid a dividend of 0.0839 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 12.2%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 28.9% increase from RH Hedged Multi-Asset Income ETF’s previous monthly dividend of $0.07.

RH Hedged Multi-Asset Income ETF Stock Performance

Shares of RH Hedged Multi-Asset Income ETF stock opened at $8.26 on Friday. The stock has a market cap of $49.23 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. The stock has a 50 day moving average price of $8.07 and a 200-day moving average price of $8.08. RH Hedged Multi-Asset Income ETF has a one year low of $7.06 and a one year high of $8.44.

RH Hedged Multi-Asset Income ETF Company Profile

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.