TrueShares Active Yield ETF (NASDAQ:ERNZ) Announces Dividend Increase – $0.09 Per Share

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Wednesday, February 25th. Investors of record on Thursday, February 26th will be paid a dividend of 0.0872 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 8.5% increase from TrueShares Active Yield ETF’s previous monthly dividend of $0.08.

TrueShares Active Yield ETF Trading Down 0.2%

TrueShares Active Yield ETF stock traded down $0.05 on Thursday, reaching $21.67. 321 shares of the stock were exchanged, compared to its average volume of 9,090. TrueShares Active Yield ETF has a twelve month low of $20.38 and a twelve month high of $24.60. The firm has a fifty day moving average price of $21.17 and a two-hundred day moving average price of $21.55. The stock has a market cap of $56.99 million, a PE ratio of 14.09 and a beta of 0.54.

TrueShares Active Yield ETF Company Profile

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.