Horizon Kinetics SPAC Active ETF (SPAQ) to Issue Annual Dividend of $15.13 on December 24th

Horizon Kinetics SPAC Active ETF (NASDAQ:SPAQ) declared an annual dividend on Monday, December 22nd. Shareholders of record on Tuesday, December 23rd will be paid a dividend of 15.1313 per share on Wednesday, December 24th. This represents a yield of 1,656.0%. The ex-dividend date is Tuesday, December 23rd.

Horizon Kinetics SPAC Active ETF Trading Down 14.4%

NASDAQ SPAQ opened at $91.40 on Wednesday. Horizon Kinetics SPAC Active ETF has a 1-year low of $91.64 and a 1-year high of $108.25. The company has a market capitalization of $10.05 million, a price-to-earnings ratio of 62.97 and a beta of -0.03. The stock’s 50 day moving average is $106.32 and its two-hundred day moving average is $105.00.

Horizon Kinetics SPAC Active ETF Company Profile

The Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to globally listed, pre-combination special purpose acquisition companies (SPACs) of any capitalization. SPAQ was launched on Jan 27, 2023 and is managed by Horizon Kinetics.