Sound Equity Dividend Income ETF (NYSE:DIVY) Stock to Pay Dividend of $0.04

Sound Equity Dividend Income ETF (NYSE:DIVY) announced a dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be given a dividend of $0.0390 per share on Wednesday, September 30th. This represents a dividend yield of 317.0%. The ex-dividend date of this dividend is Tuesday, September 29th.

Sound Equity Dividend Income ETF Trading Down 0.4%

DIVY opened at $29.51 on Tuesday. The business has a 50 day moving average of $30.58 and a 200-day moving average of $29.10. The stock has a market capitalization of $28.03 million, a price-to-earnings ratio of 15.13 and a beta of 0.66. Sound Equity Dividend Income ETF has a 1-year low of $24.94 and a 1-year high of $31.40.

About Sound Equity Dividend Income ETF

The Sound Equity Income ETF (DIVY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed, narrow portfolio, of US large- and mid-cap stocks, fundamentally selected for capital appreciation and dividend yield. DIVY was launched on Dec 30, 2020 and is managed by Tidal.