Monarch Dividend Plus Index ETF (MDPL) to Issue Quarterly Dividend of $0.08 on September 29th

Monarch Dividend Plus Index ETF (BATS:MDPL) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be given a dividend of $0.0847 per share on Tuesday, September 29th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Thursday, September 24th. This is a 4.3% decrease from Monarch Dividend Plus Index ETF’s previous quarterly dividend of $0.0885.

Monarch Dividend Plus Index ETF Price Performance

Shares of MDPL opened at $27.48 on Friday. The company has a market capitalization of $59.91 million, a P/E ratio of 12.20 and a beta of 0.69. Monarch Dividend Plus Index ETF has a one year low of $24.46 and a one year high of $31.17. The business’s 50 day simple moving average is $29.17 and its 200-day simple moving average is $27.06.

About Monarch Dividend Plus Index ETF

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.