STF Tactical Growth & Income ETF (NASDAQ:TUGN) to Issue $0.28 Monthly Dividend

STF Tactical Growth & Income ETF (NASDAQ:TUGN) declared a monthly dividend on Wednesday, July 22nd, NASDAQ Dividends reports. Stockholders of record on Thursday, July 23rd will be paid a dividend of 0.2765 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date of this dividend is Thursday, July 23rd.

STF Tactical Growth & Income ETF Stock Performance

Shares of NASDAQ:TUGN traded down $0.86 during trading on Thursday, reaching $26.74. The stock had a trading volume of 58,477 shares, compared to its average volume of 26,712. The firm’s fifty day moving average is $27.89 and its 200 day moving average is $25.91. STF Tactical Growth & Income ETF has a 52 week low of $22.12 and a 52 week high of $29.08. The stock has a market cap of $78.08 million, a price-to-earnings ratio of 32.38 and a beta of 0.81.

STF Tactical Growth & Income ETF Company Profile

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.