YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Raises Dividend to $0.17 Per Share

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) declared a dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.1672 per share on Thursday, April 2nd. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 3.9% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Down 0.8%

Shares of NASDAQ FIVY traded down $0.18 during trading hours on Wednesday, hitting $23.24. 1,673 shares of the stock were exchanged, compared to its average volume of 4,519. YieldMax Dorsey Wright Hybrid 5 Income ETF has a 12 month low of $22.23 and a 12 month high of $41.88. The firm has a fifty day moving average price of $25.19 and a 200-day moving average price of $31.10. The company has a market cap of $5.81 million, a PE ratio of 27.16 and a beta of -3.21.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.