2x XRP ETF (NASDAQ:XRPT) Declares Dividend Increase – $0.04 Per Share

2x XRP ETF (NASDAQ:XRPT – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.0403 per share on Thursday, October 22nd. This represents a $0.48 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Wednesday, October 21st. This is a 81.5% increase from 2x XRP ETF’s previous monthly dividend of $0.0222.

2x XRP ETF Price Performance

Shares of NASDAQ XRPT traded up $2.65 during trading hours on Wednesday, reaching $31.95. 197,301 shares of the stock were exchanged, compared to its average volume of 223,951. 2x XRP ETF has a 52 week low of $18.96 and a 52 week high of $256.40. The stock’s fifty day simple moving average is $33.11 and its 200 day simple moving average is $32.58.

2x XRP ETF Company Profile

(Get Free Report)

Volatility Shares Trust – 2x XRP ETF is an exchange traded fund launched and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.

Further Reading

Dividend History for 2x XRP ETF (NASDAQ:XRPT)

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