SoFi Enhanced Yield ETF (NYSEARCA:THTA) Increases Dividend to $0.13 Per Share

SoFi Enhanced Yield ETF (NYSEARCA:THTA) announced a monthly dividend on Monday, September 14th. Investors of record on Tuesday, September 15th will be given a dividend of 0.131 per share on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date is Tuesday, September 15th. This is a 0.3% increase from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.13.

SoFi Enhanced Yield ETF Stock Performance

Shares of THTA stock opened at $15.73 on Tuesday. The firm has a market cap of $54.58 million, a price-to-earnings ratio of 24.54 and a beta of 0.21. SoFi Enhanced Yield ETF has a 52 week low of $14.60 and a 52 week high of $16.07. The firm’s 50-day simple moving average is $15.61 and its two-hundred day simple moving average is $15.52.

About SoFi Enhanced Yield ETF

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.