YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Increases Dividend to $0.17 Per Share

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) announced a dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.1672 per share on Thursday, April 2nd. The ex-dividend date is Wednesday, April 1st. This is a 3.9% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Down 0.8%

Shares of FIVY traded down $0.18 during mid-day trading on Wednesday, hitting $23.24. 1,673 shares of the company’s stock traded hands, compared to its average volume of 4,519. The firm has a market capitalization of $5.81 million, a P/E ratio of 27.16 and a beta of -3.21. The business’s 50-day moving average price is $25.33 and its 200-day moving average price is $31.16. YieldMax Dorsey Wright Hybrid 5 Income ETF has a 1 year low of $22.23 and a 1 year high of $41.88.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.