NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Shareholders Set to Receive $0.32 Monthly Dividend

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) declared a monthly dividend on Tuesday, October 13th. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.3235 per share on Friday, October 16th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 1.3% decrease from NEOS Enhanced Income Credit Select ETF’s previous monthly dividend of $0.3277.

NEOS Enhanced Income Credit Select ETF Stock Performance

Shares of NASDAQ HYBI opened at $48.26 on Wednesday. The business has a 50-day moving average of $48.61 and a 200-day moving average of $49.09. NEOS Enhanced Income Credit Select ETF has a fifty-two week low of $48.10 and a fifty-two week high of $50.78.

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. HYBI was launched on Sep 30, 2024 and is issued by Neos.