FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) Shares Set to Pay Monthly Dividend of $0.08

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) declared a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.08 per share on Friday, October 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Thursday, October 29th. This is a 42.9% decrease from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.14.

FolioBeyond Enhanced Fixed Income Premium ETF Trading Up 0.1%

NYSEARCA:FIXP opened at $19.18 on Thursday. The stock has a market cap of $9.97 million, a P/E ratio of 13.70 and a beta of 0.13. The stock has a 50 day simple moving average of $19.42 and a 200 day simple moving average of $19.76. FolioBeyond Enhanced Fixed Income Premium ETF has a 1-year low of $19.02 and a 1-year high of $20.46.

FolioBeyond Enhanced Fixed Income Premium ETF Company Profile

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.