ATAC Credit Rotation ETF (NYSEARCA:JOJO) Stock to Pay Monthly Dividend of $0.07

ATAC Credit Rotation ETF (NYSEARCA:JOJO) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.0703 per share on Monday, October 5th. This represents a $0.84 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Friday, October 2nd. This is a 13.3% decrease from ATAC Credit Rotation ETF’s previous monthly dividend of $0.0811.

ATAC Credit Rotation ETF Stock Performance

JOJO opened at $14.58 on Friday. The firm has a market cap of $4.67 million, a P/E ratio of 16.64 and a beta of 0.51. ATAC Credit Rotation ETF has a 52-week low of $14.52 and a 52-week high of $16.24. The business’s fifty day moving average is $14.95 and its 200-day moving average is $15.34.

About ATAC Credit Rotation ETF

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market. JOJO was launched on Jul 15, 2021 and is managed by ATAC.