S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Increases Dividend to $2.14 Per Share

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) announced a monthly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 2.1406 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a dividend yield of 93.0%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 1,697.3% increase from S&P 500 Covered Call & Growth ETF’s previous monthly dividend of $0.12.

S&P 500 Covered Call & Growth ETF Price Performance

Shares of NYSEARCA:XYLG opened at $27.61 on Tuesday. The business has a fifty day moving average price of $29.38 and a 200-day moving average price of $28.57. The company has a market capitalization of $51.63 million, a PE ratio of 25.30 and a beta of 0.78. S&P 500 Covered Call & Growth ETF has a 1-year low of $23.07 and a 1-year high of $29.91.

S&P 500 Covered Call & Growth ETF Company Profile

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.