ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) Declares Monthly Dividend of $0.10

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) announced a monthly dividend on Tuesday, July 28th. Investors of record on Wednesday, July 29th will be paid a dividend of 0.0981 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, July 29th. This is a 23.1% increase from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous monthly dividend of $0.08.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

SIXH opened at $44.27 on Wednesday. The stock’s 50 day simple moving average is $42.78 and its 200 day simple moving average is $42.14. The firm has a market cap of $580.82 million, a price-to-earnings ratio of 16.87 and a beta of 0.31. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1 year low of $37.48 and a 1 year high of $44.41.

ETC 6 Meridian Hedged Equity Index Option Strategy Company Profile

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.