NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Plans Monthly Dividend of $0.34

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) announced a monthly dividend on Tuesday, January 13th, NASDAQ Dividends reports. Shareholders of record on Wednesday, January 14th will be given a dividend of 0.3386 per share on Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Wednesday, January 14th. This is a 0.4% increase from NEOS Enhanced Income Credit Select ETF’s previous monthly dividend of $0.34.

NEOS Enhanced Income Credit Select ETF Stock Down 0.7%

Shares of NASDAQ:HYBI traded down $0.35 during trading on Wednesday, reaching $50.24. 21,827 shares of the stock were exchanged, compared to its average volume of 23,503. NEOS Enhanced Income Credit Select ETF has a 12-month low of $46.95 and a 12-month high of $51.85. The firm’s 50-day moving average price is $50.39 and its 200 day moving average price is $50.51.

About NEOS Enhanced Income Credit Select ETF

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return. HYBI was launched on Sep 30, 2024 and is issued by Neos.