TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) to Issue Dividend Increase – $0.30 Per Share

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) declared a monthly dividend on Monday, August 3rd, NASDAQ Dividends reports. Shareholders of record on Tuesday, August 4th will be given a dividend of 0.3001 per share on Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 14.0%. The ex-dividend date of this dividend is Tuesday, August 4th. This is a 1.7% increase from TappAlpha SPY Growth & Daily Income ETF’s previous monthly dividend of $0.30.

TappAlpha SPY Growth & Daily Income ETF Price Performance

TSPY stock traded up $0.07 during mid-day trading on Tuesday, reaching $25.80. 310,191 shares of the company traded hands, compared to its average volume of 267,866. The firm’s 50 day moving average price is $25.46 and its 200 day moving average price is $25.02. TappAlpha SPY Growth & Daily Income ETF has a fifty-two week low of $22.67 and a fifty-two week high of $26.67.

TappAlpha SPY Growth & Daily Income ETF Company Profile

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.