SoFi Enhanced Yield ETF (NYSEARCA:THTA) Announces Dividend Increase – $0.13 Per Share

SoFi Enhanced Yield ETF (NYSEARCA:THTA) declared a monthly dividend on Monday, September 14th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.131 per share on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Tuesday, September 15th. This is a 0.3% increase from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.13.

SoFi Enhanced Yield ETF Stock Performance

THTA stock opened at $15.73 on Tuesday. The company has a market capitalization of $54.58 million, a price-to-earnings ratio of 24.54 and a beta of 0.21. SoFi Enhanced Yield ETF has a fifty-two week low of $14.60 and a fifty-two week high of $16.07. The stock has a fifty day moving average of $15.61 and a 200-day moving average of $15.52.

SoFi Enhanced Yield ETF Company Profile

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.