US Equity Cumulative Dividends Fund-Series 2027 (NYSEARCA:IDIV)’s stock price shot up 0% during mid-day trading on Thursday . The stock traded as high as $11.67 and last traded at $11.67, 508 shares were traded during trading. A decline of 95% from the average session volume of 11,077 shares. The stock had previously closed at $11.67.
The firm’s fifty day moving average price is $11.83 and its 200-day moving average price is $12.13.
The business also recently disclosed a — dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Friday, August 30th were issued a dividend of $0.1225 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a dividend yield of 11%.
Further Reading: How does a security become overbought?
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