YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Announces Dividend Increase – $0.24 Per Share

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) declared a dividend on Tuesday, February 3rd, NASDAQ Dividends reports. Investors of record on Wednesday, February 4th will be paid a dividend of 0.2429 per share on Thursday, February 5th. The ex-dividend date of this dividend is Wednesday, February 4th. This is a 53.0% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Performance

NASDAQ FIVY traded down $2.18 during trading hours on Wednesday, hitting $25.50. 12,385 shares of the company traded hands, compared to its average volume of 6,173. The stock has a market capitalization of $6.38 million, a price-to-earnings ratio of 27.16 and a beta of -3.21. YieldMax Dorsey Wright Hybrid 5 Income ETF has a twelve month low of $25.08 and a twelve month high of $47.82. The business’s 50-day moving average is $31.10 and its 200-day moving average is $35.17.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.