STF Tactical Growth & Income ETF Announces Dividend of $0.28 (NASDAQ:TUGN)

STF Tactical Growth & Income ETF (NASDAQ:TUGN) announced a dividend on Wednesday, May 20th, NASDAQ Dividends reports. Investors of record on Thursday, May 21st will be given a dividend of 0.276 per share on Friday, May 22nd. The ex-dividend date is Thursday, May 21st.

STF Tactical Growth & Income ETF Stock Performance

NASDAQ:TUGN traded down $0.25 during mid-day trading on Thursday, hitting $27.58. 13,736 shares of the stock were exchanged, compared to its average volume of 26,954. The stock has a market capitalization of $82.74 million, a price-to-earnings ratio of 32.38 and a beta of 0.79. The firm’s 50-day simple moving average is $25.03 and its 200 day simple moving average is $25.22. STF Tactical Growth & Income ETF has a fifty-two week low of $22.12 and a fifty-two week high of $27.99.

About STF Tactical Growth & Income ETF

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.