Angel Oak Income ETF (NASDAQ:CARY) Raises Dividend to $0.10 Per Share

Angel Oak Income ETF (NASDAQ:CARY) announced a dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.1004 per share on Wednesday, July 1st. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 14.6% increase from Angel Oak Income ETF’s previous dividend of $0.09.

Angel Oak Income ETF Trading Down 0.6%

Angel Oak Income ETF stock traded down $0.13 during mid-day trading on Tuesday, reaching $20.78. 416,507 shares of the company traded hands, compared to its average volume of 386,822. Angel Oak Income ETF has a fifty-two week low of $20.65 and a fifty-two week high of $21.55. The firm’s fifty day moving average is $20.82 and its two-hundred day moving average is $20.89.

About Angel Oak Income ETF

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.