Sound Equity Dividend Income ETF (NYSEARCA:DIVY) Announces Dividend of $0.01

Sound Equity Dividend Income ETF (NYSEARCA:DIVY) declared a dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be given a dividend of 0.01 per share on Friday, February 27th. This represents a dividend yield of 83.0%. The ex-dividend date of this dividend is Thursday, February 26th.

Sound Equity Dividend Income ETF Price Performance

DIVY traded up $0.00 on Thursday, reaching $28.88. The company’s stock had a trading volume of 3,618 shares, compared to its average volume of 3,525. Sound Equity Dividend Income ETF has a 1 year low of $21.55 and a 1 year high of $29.26. The business’s 50 day moving average is $27.54 and its 200 day moving average is $26.46. The stock has a market cap of $30.33 million, a price-to-earnings ratio of 15.13 and a beta of 0.74.

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.