Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Stock to Pay Monthly Dividend of $0.09

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.0850 per share on Wednesday, September 30th. This represents a $1.02 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, September 29th.

Leatherback Long/Short Alternative Yield ETF Trading Down 1.0%

Shares of NYSEARCA:LBAY opened at $25.18 on Tuesday. Leatherback Long/Short Alternative Yield ETF has a 12 month low of $23.44 and a 12 month high of $29.03. The company has a 50-day moving average price of $26.84 and a 200-day moving average price of $26.35. The company has a market cap of $16.37 million, a price-to-earnings ratio of 17.38 and a beta of 0.27.

About Leatherback Long/Short Alternative Yield ETF

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.