Angel Oak Income ETF (NASDAQ:CARY) Announces Dividend Increase – $0.10 Per Share

Angel Oak Income ETF (NASDAQ:CARY) declared a dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.1004 per share on Wednesday, July 1st. The ex-dividend date is Tuesday, June 30th. This is a 14.6% increase from Angel Oak Income ETF’s previous dividend of $0.09.

Angel Oak Income ETF Trading Down 0.6%

Shares of Angel Oak Income ETF stock traded down $0.13 during trading hours on Tuesday, reaching $20.78. The stock had a trading volume of 416,507 shares, compared to its average volume of 386,822. The stock’s 50 day moving average is $20.82 and its 200 day moving average is $20.89. Angel Oak Income ETF has a twelve month low of $20.65 and a twelve month high of $21.55.

Angel Oak Income ETF Company Profile

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.