Strategas Macro Momentum ETF (NYSEARCA:SAMM) Plans $0.31 Annual Dividend

Strategas Macro Momentum ETF (NYSEARCA:SAMM) announced an annual dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.3106 per share on Wednesday, January 7th. This represents a yield of 102.0%. The ex-dividend date is Tuesday, December 30th.

Strategas Macro Momentum ETF Trading Down 1.7%

SAMM traded down $0.52 during trading on Tuesday, hitting $30.40. 3,313 shares of the company’s stock were exchanged, compared to its average volume of 2,350. Strategas Macro Momentum ETF has a 1 year low of $21.88 and a 1 year high of $30.95. The stock has a 50 day moving average price of $30.01 and a 200 day moving average price of $28.59. The firm has a market cap of $19.15 million, a P/E ratio of 22.18 and a beta of 1.22.

About Strategas Macro Momentum ETF

The Strategas Macro Momentum ETF (SAMM) is an exchange-traded fund that mostly invests in total market equity. The fund primarily invests in 20-50 US equities selected through a tactical, macro momentum approach that looks for strong technical, momentum, and relative strength characteristics. The actively managed fund aims for a more defensive posture when the indicators turn negative. SAMM was launched on Apr 3, 2024 and is issued by Strategas.