Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) Declares Dividend Increase – $0.21 Per Share

Palmer Square CLO Senior Debt ETF (NYSEARCA:PSQA) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.2081 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 5.1% increase from Palmer Square CLO Senior Debt ETF’s previous quarterly dividend of $0.20.

Palmer Square CLO Senior Debt ETF Stock Performance

Shares of PSQA traded down $0.23 during midday trading on Thursday, hitting $20.57. The company had a trading volume of 10,833 shares, compared to its average volume of 80,036. Palmer Square CLO Senior Debt ETF has a 1 year low of $19.90 and a 1 year high of $21.09. The company’s 50-day simple moving average is $20.66 and its 200-day simple moving average is $20.59.

Palmer Square CLO Senior Debt ETF Company Profile

The Palmer Square CLO Senior Debt ETF (PSQA) is an exchange-traded fund that is based on the Palmer Square CLO Senior Debt index. The fund tracks a market value-weighted index of floating rate, USD-denominated arbitrage collateralized loan obligations (CLOs) rated as AAA or AA by at least one of the major rating agencies. The fund specifically invests in the senior tranches of a CLO PSQA was launched on Sep 11, 2024 and is issued by Palmer Square.