ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) to Issue Monthly Dividend of $0.05

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a monthly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be paid a dividend of 0.0544 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 25th.

ETC 6 Meridian Small Cap Equity ETF Trading Up 0.4%

Shares of SIXS traded up $0.21 on Wednesday, reaching $54.15. 1,961 shares of the company’s stock were exchanged, compared to its average volume of 5,758. The business has a 50 day moving average price of $52.55 and a two-hundred day moving average price of $50.70. ETC 6 Meridian Small Cap Equity ETF has a 12 month low of $41.63 and a 12 month high of $54.91. The stock has a market capitalization of $119.13 million, a P/E ratio of 11.13 and a beta of 0.83.

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.