Kensington Hedged Premium Income ETF (BATS:KHPI) Stock to Pay Monthly Dividend of $0.20

Kensington Hedged Premium Income ETF (BATS:KHPI) announced a monthly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.1951 per share on Thursday, October 1st. This represents a $2.34 annualized dividend and a yield of 9.0%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 0.2% decrease from Kensington Hedged Premium Income ETF’s previous monthly dividend of $0.1955.

Kensington Hedged Premium Income ETF Trading Down 0.0%

Shares of KHPI stock opened at $26.04 on Wednesday. Kensington Hedged Premium Income ETF has a one year low of $23.95 and a one year high of $26.55. The firm has a 50-day moving average of $26.03 and a 200-day moving average of $25.73.

Kensington Hedged Premium Income ETF Company Profile

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies. KHPI was launched on Sep 3, 2024 and is issued by Kensington.