Angel Oak Income ETF (NASDAQ:CARY – Get Free Report) announced a monthly dividend on Thursday, October 29th. Investors of record on Friday, October 30th will be given a dividend of $0.1044 per share on Monday, November 2nd. This represents a $1.25 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Friday, October 30th. This is a 1.9% increase from Angel Oak Income ETF’s previous monthly dividend of $0.1025.
Angel Oak Income ETF Stock Performance
Shares of Angel Oak Income ETF stock opened at $20.34 on Friday. Angel Oak Income ETF has a 52 week low of $20.07 and a 52 week high of $21.55. The stock’s 50-day simple moving average is $20.39 and its 200-day simple moving average is $20.73.
Angel Oak Income ETF’s stock is set to reverse split on Monday, November 16th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 15th.
About Angel Oak Income ETF
The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.
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