ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Plans Dividend Increase – $0.10 Per Share

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.1008 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 41.8% increase from ETC 6 Meridian Small Cap Equity ETF’s previous monthly dividend of $0.07.

ETC 6 Meridian Small Cap Equity ETF Price Performance

Shares of SIXS stock opened at $51.35 on Tuesday. The firm has a fifty day moving average price of $49.97 and a 200-day moving average price of $49.15. The company has a market cap of $110.40 million, a price-to-earnings ratio of 11.13 and a beta of 0.83. ETC 6 Meridian Small Cap Equity ETF has a 1 year low of $41.63 and a 1 year high of $52.67.

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.