ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH) to Issue Monthly Dividend of $0.07 on March 31st

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) declared a monthly dividend on Thursday, March 26th. Investors of record on Friday, March 27th will be paid a dividend of 0.0653 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, March 27th. This is a 394.7% increase from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous monthly dividend of $0.01.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of SIXH opened at $41.59 on Friday. ETC 6 Meridian Hedged Equity Index Option Strategy has a one year low of $35.00 and a one year high of $43.32. The company has a 50-day simple moving average of $41.93 and a two-hundred day simple moving average of $39.86. The firm has a market capitalization of $530.27 million, a PE ratio of 16.87 and a beta of 0.37.

About ETC 6 Meridian Hedged Equity Index Option Strategy

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.