NEOS Enhanced Income Credit Select ETF to Issue Monthly Dividend of $0.33 (NASDAQ:HYBI)

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) declared a monthly dividend on Tuesday, August 11th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 12th will be paid a dividend of 0.3291 per share on Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, August 12th.

NEOS Enhanced Income Credit Select ETF Price Performance

Shares of HYBI traded down $0.25 during trading hours on Wednesday, hitting $48.90. The company had a trading volume of 21,753 shares, compared to its average volume of 26,943. The firm has a fifty day moving average price of $49.16 and a 200-day moving average price of $49.55. NEOS Enhanced Income Credit Select ETF has a 52-week low of $48.69 and a 52-week high of $51.17.

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.