KraneShares China Internet and Covered Call Strategy ETF (KLIP) to Issue Monthly Dividend of $0.64 on January 30th

KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be paid a dividend of 0.6354 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 24.4%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 88.9% increase from KraneShares China Internet and Covered Call Strategy ETF’s previous monthly dividend of $0.34.

KraneShares China Internet and Covered Call Strategy ETF Stock Performance

NYSEARCA KLIP opened at $31.19 on Friday. The stock has a market cap of $131.00 million, a PE ratio of 16.77 and a beta of 0.36. The firm has a 50-day moving average of $31.07 and a 200-day moving average of $32.07. KraneShares China Internet and Covered Call Strategy ETF has a 52-week low of $27.06 and a 52-week high of $34.31.

KraneShares China Internet and Covered Call Strategy ETF Company Profile

The KraneShares Trust – KraneShares China Internet and Covered Call Strategy ETF (KLIP) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio. KLIP was launched on Jan 12, 2023 and is managed by KraneShares.