USCF Gold Strategy Plus Income Fund (NYSEARCA:USG) Plans Dividend Increase – $0.25 Per Share

USCF Gold Strategy Plus Income Fund (NYSEARCA:USG) declared a quarterly dividend on Wednesday, June 17th. Investors of record on Thursday, June 18th will be given a dividend of 0.2501 per share on Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 34.5% increase from USCF Gold Strategy Plus Income Fund’s previous quarterly dividend of $0.19.

USCF Gold Strategy Plus Income Fund Price Performance

USG stock opened at $33.82 on Thursday. USCF Gold Strategy Plus Income Fund has a 1 year low of $32.40 and a 1 year high of $44.18. The company has a market cap of $11.84 million, a P/E ratio of 24.69 and a beta of 0.11. The firm has a 50-day moving average of $36.34 and a 200 day moving average of $38.13.

USCF Gold Strategy Plus Income Fund Company Profile

The USCF Gold Strategy Plus Income Fund ETF (USG) is an exchange-traded fund that mostly invests in gold commodities. The fund is actively managed, aiming to provide gold exposure while generating income through a gold covered call writing strategy and collateral interest income. USG was launched on Nov 3, 2021 and is issued by Marygold.