Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) to Issue Monthly Dividend of $0.95

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Tuesday, January 7th. Stockholders of record on Wednesday, November 12th will be paid a dividend of 0.9528 per share on Thursday, November 13th. This represents a c) dividend on an annualized basis and a dividend yield of 20.8%. The ex-dividend date is Wednesday, November 12th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Up 0.1%

Shares of NYSEARCA:XPAY opened at $54.89 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 1-year low of $44.53 and a 1-year high of $60.62. The firm’s 50 day simple moving average is $55.03 and its two-hundred day simple moving average is $53.80.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index.