Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) Declares $0.09 Quarterly Dividend

Overlay Shares Municipal Bond ETF (NYSEARCA:OVM) declared a quarterly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be paid a dividend of 0.0935 per share on Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, January 28th.

Overlay Shares Municipal Bond ETF Stock Down 0.3%

Shares of OVM traded down $0.08 during mid-day trading on Wednesday, reaching $21.63. The company had a trading volume of 1,616 shares, compared to its average volume of 7,173. The stock has a market capitalization of $33.52 million, a P/E ratio of 23.80 and a beta of 0.39. Overlay Shares Municipal Bond ETF has a 52-week low of $19.77 and a 52-week high of $22.28. The stock has a 50 day moving average of $21.61 and a two-hundred day moving average of $21.41.

About Overlay Shares Municipal Bond ETF

The Overlay Shares Municipal Bond ETF (OVM) is an exchange-traded fund that is based on the Bloomberg Municipal Bond index. The fund is actively managed to provide exposure to U.S. municipal bonds combined with a U.S OVM was launched on Sep 30, 2019 and is managed by Overlay Shares.