TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Announces Dividend Increase – $0.30 Per Share

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) announced a monthly dividend on Monday, October 5th. Investors of record on Tuesday, October 6th will be given a dividend of $0.2968 per share on Wednesday, October 7th. This represents a $3.56 annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend is Tuesday, October 6th. This is a 0.5% increase from TappAlpha SPY Growth & Daily Income ETF’s previous monthly dividend of $0.2954.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

Shares of TappAlpha SPY Growth & Daily Income ETF stock traded down $0.18 during trading on Tuesday, hitting $25.61. The company’s stock had a trading volume of 427,017 shares, compared to its average volume of 268,382. TappAlpha SPY Growth & Daily Income ETF has a 52 week low of $22.67 and a 52 week high of $26.67. The stock has a 50-day moving average price of $25.50 and a two-hundred day moving average price of $25.18.

TappAlpha SPY Growth & Daily Income ETF Company Profile

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.