RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Declares Dividend Increase – $0.08 Per Share

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAXGet Free Report) declared a monthly dividend on Wednesday, January 28th. Investors of record on Thursday, January 29th will be paid a dividend of 0.0839 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 11.9%. The ex-dividend date is Thursday, January 29th. This is a 28.9% increase from RH Hedged Multi-Asset Income ETF’s previous monthly dividend of $0.07.

RH Hedged Multi-Asset Income ETF Trading Up 1.1%

NYSEARCA:AMAX opened at $8.43 on Thursday. The company’s 50-day moving average price is $8.06 and its 200-day moving average price is $8.08. The company has a market cap of $50.24 million, a P/E ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a twelve month low of $7.06 and a twelve month high of $8.44.

RH Hedged Multi-Asset Income ETF Company Profile

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The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.

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Dividend History for RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX)

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