Sound Equity Dividend Income ETF (NYSE:DIVY) Announces Dividend of $0.04

Sound Equity Dividend Income ETF (NYSE:DIVY) announced a dividend on Wednesday, October 14th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0390 per share on Friday, October 16th. This represents a dividend yield of 313.0%. The ex-dividend date is Thursday, October 15th.

Sound Equity Dividend Income ETF Stock Performance

NYSE:DIVY opened at $29.92 on Thursday. Sound Equity Dividend Income ETF has a one year low of $24.94 and a one year high of $31.40. The business’s 50-day simple moving average is $30.37 and its 200 day simple moving average is $29.30. The stock has a market cap of $28.42 million, a price-to-earnings ratio of 15.13 and a beta of 0.67.

Sound Equity Dividend Income ETF Company Profile

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.