Amplify COWS Covered Call ETF (NASDAQ:HCOW) to Issue Dividend Increase – $0.25 Per Share

Amplify COWS Covered Call ETF (NASDAQ:HCOW) declared a monthly dividend on Wednesday, July 29th, NASDAQ Dividends reports. Investors of record on Thursday, July 30th will be paid a dividend of 0.2546 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date of this dividend is Thursday, July 30th. This is a 5.7% increase from Amplify COWS Covered Call ETF’s previous monthly dividend of $0.24.

Amplify COWS Covered Call ETF Stock Performance

Shares of HCOW stock traded down $0.51 on Thursday, reaching $24.90. 11,052 shares of the company were exchanged, compared to its average volume of 4,833. The company has a market cap of $17.18 million, a price-to-earnings ratio of 13.13 and a beta of 0.75. The business has a 50-day moving average price of $24.15 and a 200 day moving average price of $23.97. Amplify COWS Covered Call ETF has a 1 year low of $22.66 and a 1 year high of $25.59.

About Amplify COWS Covered Call ETF

The Amplify Cash Flow High Income ETF (HCOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-fund, that invests in US stocks of large- and mid-cap companies while using a naked call option writing strategy to potentially generate additional income. HCOW was launched on Sep 20, 2023 and is issued by Amplify Investments.