Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Plans Monthly Dividend of $0.05

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) announced a monthly dividend on Thursday, February 26th. Shareholders of record on Friday, February 27th will be given a dividend of 0.0514 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date is Friday, February 27th. This is a 2.0% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.05.

Angel Oak High Yield Opportunities ETF Stock Performance

Shares of NASDAQ:AOHY traded down $0.07 during midday trading on Friday, reaching $11.12. 1,463 shares of the company’s stock traded hands, compared to its average volume of 51,108. Angel Oak High Yield Opportunities ETF has a one year low of $10.52 and a one year high of $11.29. The company has a market cap of $122.61 million, a price-to-earnings ratio of 2.33 and a beta of 0.22. The stock has a 50 day moving average of $11.17 and a 200 day moving average of $11.16.

About Angel Oak High Yield Opportunities ETF

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.