Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Plans Dividend Increase – $0.12 Per Share

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.1164 per share on Wednesday, September 30th. This represents a $1.40 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Tuesday, September 29th. This is a 18.9% increase from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.0979.

Touchstone Strategic Income Opportunities ETF Stock Performance

NYSEARCA:SIO traded down $0.21 on Tuesday, hitting $24.55. 20,716 shares of the stock were exchanged, compared to its average volume of 31,780. The stock has a market capitalization of $287.97 million, a price-to-earnings ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a 52 week low of $24.51 and a 52 week high of $27.38. The company’s 50-day moving average price is $25.28 and its 200 day moving average price is $25.56.

Touchstone Strategic Income Opportunities ETF Company Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.