ETC 6 Meridian Hedged Equity Index Option Strategy (SIXH) to Issue Dividend of $0.10 on March 28th

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0958 per share on Friday, March 28th. The ex-dividend date is Thursday, March 27th. This is a 73.2% increase from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous dividend of $0.06.

ETC 6 Meridian Hedged Equity Index Option Strategy Price Performance

Shares of NYSEARCA:SIXH opened at $39.01 on Friday. ETC 6 Meridian Hedged Equity Index Option Strategy has a 12 month low of $33.87 and a 12 month high of $39.84. The firm has a market capitalization of $563.69 million, a P/E ratio of 18.04 and a beta of 0.38. The company’s fifty day moving average price is $38.47 and its 200 day moving average price is $37.67.

About ETC 6 Meridian Hedged Equity Index Option Strategy

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.