STF Tactical Growth & Income ETF (NASDAQ:TUGN) to Issue Monthly Dividend of $0.23

STF Tactical Growth & Income ETF (NASDAQ:TUGN) announced a monthly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.2257 per share on Thursday, March 27th. This represents a $2.71 dividend on an annualized basis and a dividend yield of 12.24%. The ex-dividend date of this dividend is Wednesday, March 26th.

STF Tactical Growth & Income ETF Stock Performance

Shares of TUGN stock traded down $0.58 on Wednesday, hitting $22.12. 8,223 shares of the company’s stock traded hands, compared to its average volume of 13,064. The stock has a market capitalization of $38.27 million, a price-to-earnings ratio of 30.74 and a beta of -0.85. The company’s fifty day simple moving average is $23.74 and its 200 day simple moving average is $23.74. STF Tactical Growth & Income ETF has a one year low of $21.55 and a one year high of $25.46.

About STF Tactical Growth & Income ETF

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes.