Angel Oak Income ETF (NASDAQ:CARY) Declares Dividend Increase – $0.18 Per Share

Angel Oak Income ETF (NASDAQ:CARY) declared a monthly dividend on Tuesday, December 30th. Investors of record on Wednesday, December 31st will be given a dividend of 0.1785 per share on Friday, January 2nd. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Wednesday, December 31st. This is a 95.3% increase from Angel Oak Income ETF’s previous monthly dividend of $0.09.

Angel Oak Income ETF Stock Performance

NASDAQ CARY traded down $0.18 during trading hours on Wednesday, hitting $20.85. 69,808 shares of the company’s stock were exchanged, compared to its average volume of 178,242. The business’s 50 day moving average is $20.96 and its 200-day moving average is $20.91. Angel Oak Income ETF has a 12-month low of $20.40 and a 12-month high of $21.30.

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.