Angel Oak UltraShort Income ETF (NASDAQ:UYLD) Plans Monthly Dividend of $0.23

Angel Oak UltraShort Income ETF (NASDAQ:UYLD) announced a monthly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.2304 per share on Thursday, October 1st. This represents a $2.77 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 28.1% increase from Angel Oak UltraShort Income ETF’s previous monthly dividend of $0.1799.

Angel Oak UltraShort Income ETF Stock Performance

Shares of UYLD opened at $50.94 on Wednesday. The company’s fifty day moving average is $51.04 and its 200-day moving average is $51.09. Angel Oak UltraShort Income ETF has a 12 month low of $50.89 and a 12 month high of $51.40.

Angel Oak UltraShort Income ETF Company Profile

The Angel Oak UltraShort Income ETF (UYLD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in a broad portfolio of fixed income securities of various credit qualities. Selection is based on fundamental analysis and managed to provide a dollar-weighted average maturity of less than two years UYLD was launched on Oct 24, 2022 and is issued by Angel Oak.