Invesco Alerian Galaxy Crypto Economy ETF (SATO) to Issue Dividend of $2.64 on December 27th

Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) announced a dividend on Friday, December 20th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 2.6426 per share on Friday, December 27th. The ex-dividend date is Monday, December 23rd. This is an increase from Invesco Alerian Galaxy Crypto Economy ETF’s previous dividend of $0.02.

Invesco Alerian Galaxy Crypto Economy ETF Stock Performance

Shares of SATO stock traded up $0.31 during trading hours on Friday, hitting $22.69. 6,202 shares of the company were exchanged. The company’s fifty day simple moving average is $21.18 and its 200 day simple moving average is $17.45. The stock has a market capitalization of $14.75 million, a price-to-earnings ratio of 9.98 and a beta of 2.25.

Invesco Alerian Galaxy Crypto Economy ETF Company Profile

The Invesco Alerian Galaxy Crypto Economy ETF (SATO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that holds cryptocurrency-focused equities, and crypto ETPs and trusts. The index is weighted in tier. SATO was launched on Oct 7, 2021 and is managed by Invesco.