Solana ETF (NASDAQ:SOLZ) Increases Dividend to $0.02 Per Share

Solana ETF (NASDAQ:SOLZ) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.0194 per share on Thursday, September 24th. This represents a c) annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 54.0% increase from Solana ETF’s previous monthly dividend of $0.01.

Solana ETF Trading Down 3.3%

Shares of NASDAQ SOLZ traded down $0.39 during trading on Wednesday, reaching $11.39. The stock had a trading volume of 1,217,641 shares, compared to its average volume of 1,634,359. The business’s 50-day moving average price is $8.82 and its 200-day moving average price is $8.45. Solana ETF has a fifty-two week low of $6.17 and a fifty-two week high of $25.15.

Solana ETF Company Profile

?The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.