T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) To Go Ex-Dividend on September 30th

T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) declared a monthly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.1782 per share on Friday, October 2nd. This represents a $2.14 dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Wednesday, September 30th. This is a 2.5% increase from T. Rowe Price Capital Appreciation Premium Income ETF’s previous monthly dividend of $0.1739.

T. Rowe Price Capital Appreciation Premium Income ETF Trading Down 1.5%

Shares of TCAL opened at $21.84 on Thursday. T. Rowe Price Capital Appreciation Premium Income ETF has a 12 month low of $21.73 and a 12 month high of $25.08. The firm’s 50 day moving average is $22.75 and its 200-day moving average is $22.55. The stock has a market capitalization of $299.21 million, a PE ratio of 25.37 and a beta of 0.19.

About T. Rowe Price Capital Appreciation Premium Income ETF

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.