ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Shares Set to Pay Monthly Dividend of $0.09

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) declared a monthly dividend on Tuesday, October 27th. Investors of record on Wednesday, October 28th will be paid a dividend of $0.0919 per share on Friday, October 30th. This represents a $1.10 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Wednesday, October 28th. This is a 14.0% decrease from ETC 6 Meridian Small Cap Equity ETF’s previous monthly dividend of $0.1069.

ETC 6 Meridian Small Cap Equity ETF Stock Performance

SIXS stock opened at $56.98 on Wednesday. The firm has a 50-day simple moving average of $56.83 and a two-hundred day simple moving average of $55.43. ETC 6 Meridian Small Cap Equity ETF has a one year low of $48.05 and a one year high of $60.43. The firm has a market cap of $142.45 million, a price-to-earnings ratio of 11.13 and a beta of 0.75.

About ETC 6 Meridian Small Cap Equity ETF

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.