Monarch Volume Factor Dividend Tree Index ETF (MVFD) To Go Ex-Dividend on September 24th

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of $0.0847 per share on Tuesday, September 29th. This represents a $0.34 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 25.0% decrease from Monarch Volume Factor Dividend Tree Index ETF’s previous quarterly dividend of $0.1130.

Monarch Volume Factor Dividend Tree Index ETF Trading Down 0.3%

BATS:MVFD opened at $30.50 on Friday. The stock has a fifty day moving average price of $31.19 and a 200-day moving average price of $30.38. Monarch Volume Factor Dividend Tree Index ETF has a fifty-two week low of $26.00 and a fifty-two week high of $32.06.

About Monarch Volume Factor Dividend Tree Index ETF

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.