TrueShares Active Yield ETF (NASDAQ:ERNZ) Plans Monthly Dividend of $0.20

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.20 per share on Friday, December 26th. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Wednesday, December 24th. This is a 17.6% increase from TrueShares Active Yield ETF’s previous monthly dividend of $0.17.

TrueShares Active Yield ETF Stock Down 0.3%

ERNZ stock opened at $20.63 on Wednesday. The business’s 50-day moving average price is $20.98 and its 200-day moving average price is $22.01. The stock has a market cap of $123.37 million, a P/E ratio of 14.09 and a beta of 0.54. TrueShares Active Yield ETF has a twelve month low of $20.38 and a twelve month high of $24.88.

About TrueShares Active Yield ETF

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.