Main BuyWrite ETF (BATS:BUYW) Declares Monthly Dividend of $0.07

Main BuyWrite ETF (BATS:BUYW) announced a monthly dividend on Wednesday, October 21st. Investors of record on Thursday, October 22nd will be paid a dividend of $0.0729 per share on Tuesday, October 27th. This represents a $0.87 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, October 22nd. This is a 0.3% increase from Main BuyWrite ETF’s previous monthly dividend of $0.0727.

Main BuyWrite ETF Price Performance

BUYW stock traded down $0.09 during trading on Thursday, reaching $14.52. 56,604 shares of the company were exchanged, compared to its average volume of 389,822. The company has a 50-day moving average of $14.57 and a two-hundred day moving average of $14.49. The company has a market capitalization of $748.10 million, a price-to-earnings ratio of 24.65 and a beta of 0.30. Main BuyWrite ETF has a twelve month low of $13.84 and a twelve month high of $14.66.

About Main BuyWrite ETF

The Main Buywrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is managed by Main Funds.