NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Declares $0.34 Monthly Dividend

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) declared a monthly dividend on Tuesday, November 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, November 26th will be paid a dividend of 0.3374 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Wednesday, November 26th.

NEOS Enhanced Income Credit Select ETF Price Performance

Shares of HYBI traded down $0.30 during mid-day trading on Wednesday, hitting $50.31. 10,928 shares of the company traded hands, compared to its average volume of 16,801. The business has a 50-day moving average of $50.53 and a 200 day moving average of $50.41. NEOS Enhanced Income Credit Select ETF has a one year low of $46.95 and a one year high of $52.35.

About NEOS Enhanced Income Credit Select ETF

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return.