FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Declares Monthly Dividend of $0.08

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) declared a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be given a dividend of $0.08 per share on Friday, October 30th. This represents a $0.96 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, October 29th. This is a 42.9% decrease from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.14.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Up 0.1%

Shares of FolioBeyond Enhanced Fixed Income Premium ETF stock opened at $19.18 on Thursday. The company has a 50 day moving average price of $19.42 and a 200 day moving average price of $19.76. The firm has a market capitalization of $9.97 million, a P/E ratio of 13.70 and a beta of 0.13. FolioBeyond Enhanced Fixed Income Premium ETF has a 52 week low of $19.02 and a 52 week high of $20.46.

About FolioBeyond Enhanced Fixed Income Premium ETF

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.