TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) to Issue Monthly Dividend of $0.12

TrueShares Low Volatility Equity Income ETF (NYSEARCA:DIVZ) announced a monthly dividend on Wednesday, February 25th. Stockholders of record on Thursday, February 26th will be given a dividend of 0.12 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, February 26th. This is a 273.8% increase from TrueShares Low Volatility Equity Income ETF’s previous monthly dividend of $0.03.

TrueShares Low Volatility Equity Income ETF Price Performance

NYSEARCA DIVZ traded down $0.09 during trading hours on Thursday, reaching $38.83. The company’s stock had a trading volume of 3,705 shares, compared to its average volume of 23,766. The firm has a market capitalization of $232.99 million, a price-to-earnings ratio of 17.36 and a beta of 0.65. TrueShares Low Volatility Equity Income ETF has a 1-year low of $30.37 and a 1-year high of $39.35. The company’s 50-day moving average is $37.51 and its two-hundred day moving average is $36.54.

TrueShares Low Volatility Equity Income ETF Company Profile

The TrueShares Low Volatility Equity Income ETF (DIVZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds an actively-managed, concentrated portfolio of US-listed companies that are favorably valued and have attractive dividends. The fund also seeks to deliver lower volatility than the overall market. DIVZ was launched on Jan 27, 2021 and is managed by TrueShares.