SoFi Enhanced Yield ETF (NYSEARCA:THTA) to Issue Monthly Dividend of $0.13

SoFi Enhanced Yield ETF (NYSEARCA:THTA) declared a monthly dividend on Wednesday, October 14th. Investors of record on Thursday, October 15th will be paid a dividend of $0.1313 per share on Friday, October 16th. This represents a $1.58 annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 0.3% increase from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.1310.

SoFi Enhanced Yield ETF Stock Down 0.1%

Shares of SoFi Enhanced Yield ETF stock traded down $0.02 during trading on Wednesday, hitting $15.79. 46,552 shares of the company were exchanged, compared to its average volume of 42,425. SoFi Enhanced Yield ETF has a fifty-two week low of $14.60 and a fifty-two week high of $16.07. The firm has a 50 day moving average price of $15.69 and a 200 day moving average price of $15.58. The stock has a market capitalization of $64.74 million, a price-to-earnings ratio of 24.54 and a beta of 0.20.

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.