Absolute Select Value ETF Announces Dividend of $0.22 (NYSEARCA:ABEQ)

Absolute Select Value ETF (NYSEARCA:ABEQ) declared a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.2247 per share on Monday, January 5th. This represents a yield of 124.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Absolute Select Value ETF Price Performance

Shares of ABEQ opened at $36.24 on Tuesday. The firm has a market capitalization of $120.68 million, a price-to-earnings ratio of 18.77 and a beta of 0.53. Absolute Select Value ETF has a 1-year low of $30.86 and a 1-year high of $36.56. The company has a 50-day moving average of $35.67 and a 200 day moving average of $35.23.

About Absolute Select Value ETF

The Absolute Select Value ETF (ABEQ) is an exchange-traded fund that is based on the SSGA Total Stock Market index. The fund is an actively-managed portfolio of US stocks seeking positive absolute returns. ABEQ was launched on Jan 22, 2020 and is managed by Absolute.