Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Plans Quarterly Dividend of $0.47

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) announced a quarterly dividend on Tuesday, February 24th. Stockholders of record on Wednesday, February 25th will be given a dividend of 0.4655 per share on Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, February 25th.

Overlay Shares Large Cap Equity ETF Stock Performance

Shares of NYSEARCA:OVL traded up $0.02 during midday trading on Wednesday, hitting $53.70. 6,698 shares of the stock were exchanged, compared to its average volume of 21,173. The business’s 50-day moving average price is $53.71 and its 200 day moving average price is $52.59. The stock has a market capitalization of $183.65 million, a price-to-earnings ratio of 24.33 and a beta of 1.15. Overlay Shares Large Cap Equity ETF has a 12 month low of $37.58 and a 12 month high of $54.61.

Overlay Shares Large Cap Equity ETF Company Profile

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.