AltShares Event-Driven ETF (NYSEARCA:EVNT) to Issue $0.55 Annual Dividend

AltShares Event-Driven ETF (NYSEARCA:EVNT) declared an annual dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.5514 per share on Friday, December 19th. This represents a dividend yield of 459.0%. The ex-dividend date of this dividend is Thursday, December 18th.

AltShares Event-Driven ETF Stock Down 0.6%

NYSEARCA EVNT opened at $12.01 on Thursday. AltShares Event-Driven ETF has a twelve month low of $9.78 and a twelve month high of $13.54. The business has a 50-day moving average price of $11.94 and a 200-day moving average price of $11.74. The firm has a market cap of $8.77 million, a price-to-earnings ratio of 18.53 and a beta of 0.35.

About AltShares Event-Driven ETF

The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event.