Angel Oak Income ETF (NASDAQ:CARY) Raises Dividend to $0.10 Per Share

Angel Oak Income ETF (NASDAQ:CARY) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.1044 per share on Monday, November 2nd. This represents a $1.25 dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, October 30th. This is a 1.9% increase from Angel Oak Income ETF’s previous monthly dividend of $0.1025.

Angel Oak Income ETF Stock Up 0.0%

Shares of NASDAQ CARY opened at $20.34 on Friday. The stock has a fifty day moving average price of $20.39 and a two-hundred day moving average price of $20.73. Angel Oak Income ETF has a 1 year low of $20.07 and a 1 year high of $21.55.

Shares of Angel Oak Income ETF are going to reverse split before the market opens on Monday, November 16th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 15th.

About Angel Oak Income ETF

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.