Angel Oak Income ETF (CARY) to Issue Monthly Dividend of $0.08 on March 2nd

Angel Oak Income ETF (NASDAQ:CARY) announced a monthly dividend on Thursday, February 26th. Stockholders of record on Friday, February 27th will be paid a dividend of 0.0798 per share on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, February 27th. This is a 16.6% increase from Angel Oak Income ETF’s previous monthly dividend of $0.07.

Angel Oak Income ETF Stock Performance

Shares of CARY stock opened at $21.05 on Friday. Angel Oak Income ETF has a 52 week low of $20.40 and a 52 week high of $21.55. The stock’s fifty day moving average is $20.95 and its 200-day moving average is $20.95.

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.