SoFi Enhanced Yield ETF (NYSEARCA:THTA) Plans Dividend Increase – $0.13 Per Share

SoFi Enhanced Yield ETF (NYSEARCA:THTA) announced a monthly dividend on Wednesday, October 14th. Investors of record on Thursday, October 15th will be paid a dividend of $0.1313 per share on Friday, October 16th. This represents a $1.58 annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 0.3% increase from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.1310.

SoFi Enhanced Yield ETF Stock Down 0.1%

NYSEARCA THTA traded down $0.02 during mid-day trading on Wednesday, hitting $15.79. The stock had a trading volume of 46,552 shares, compared to its average volume of 42,425. SoFi Enhanced Yield ETF has a 52-week low of $14.60 and a 52-week high of $16.07. The company has a market cap of $64.74 million, a price-to-earnings ratio of 24.54 and a beta of 0.20. The company has a 50 day simple moving average of $15.69 and a 200 day simple moving average of $15.58.

About SoFi Enhanced Yield ETF

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.