Xrp Etf (XRPI) to Distribute Monthly Dividend of $0.01 on October 22nd

Xrp Etf (NASDAQ:XRPI) announced a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, October 21st will be given a dividend of $0.0143 per share on Thursday, October 22nd. This represents a $0.17 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Wednesday, October 21st.

Xrp Etf Stock Performance

Shares of NASDAQ:XRPI opened at $7.45 on Thursday. Xrp Etf has a 1-year low of $5.42 and a 1-year high of $16.06. The business has a fifty day moving average price of $7.43 and a 200-day moving average price of $7.04.

Xrp Etf Company Profile

Volatility Shares Trust – XRP ETF is a multi-asset mutual fund launched by and managed by Volatility Shares LLC. The fund seeks to invest in various financial instruments like currency and fixed income instruments. For its fixed income portion, it primarily invests in cash, cash-like instruments or high-quality securities. For its currency portion, it invests through derivatives in XRP. The fund uses derivatives such as futures and swaps to create its portfolio. It seeks to invest in XRP futures through a wholly-owned Cayman Islands subsidiary.