USCF Gold Strategy Plus Income Fund (NYSEARCA:USG) Announces Dividend Increase – $0.25 Per Share

USCF Gold Strategy Plus Income Fund (NYSEARCA:USG) announced a quarterly dividend on Wednesday, June 17th. Investors of record on Thursday, June 18th will be paid a dividend of 0.2501 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 18th. This is a 34.5% increase from USCF Gold Strategy Plus Income Fund’s previous quarterly dividend of $0.19.

USCF Gold Strategy Plus Income Fund Trading Down 2.2%

Shares of NYSEARCA USG opened at $33.82 on Thursday. The company has a market cap of $11.84 million, a price-to-earnings ratio of 24.69 and a beta of 0.11. USCF Gold Strategy Plus Income Fund has a 12-month low of $32.40 and a 12-month high of $44.18. The stock’s 50 day simple moving average is $36.34 and its 200 day simple moving average is $38.13.

About USCF Gold Strategy Plus Income Fund

The USCF Gold Strategy Plus Income Fund ETF (USG) is an exchange-traded fund that mostly invests in gold commodities. The fund is actively managed, aiming to provide gold exposure while generating income through a gold covered call writing strategy and collateral interest income. USG was launched on Nov 3, 2021 and is issued by Marygold.