Grayscale Ethereum Trust ETF (ETHE) to Issue Monthly Dividend of $0.03 on September 4th

Grayscale Ethereum Trust ETF (NYSEARCA:ETHE) declared a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 3rd will be given a dividend of 0.0259 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Thursday, September 3rd.

Grayscale Ethereum Trust ETF Price Performance

ETHE stock opened at $20.25 on Friday. Grayscale Ethereum Trust ETF has a 1-year low of $12.36 and a 1-year high of $39.17. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 2.06 and a beta of 2.58. The business has a 50 day simple moving average of $15.91 and a two-hundred day simple moving average of $16.46.

About Grayscale Ethereum Trust ETF

Grayscale Ethereum Staking ETF (ETHE) is an exchange-traded fund designed to provide exposure to Ether (ETH), with shares intended to reflect the value of the fund’s ETH holdings, minus fees and expenses. The fund may stake a portion of its Ether to seek additional returns through staking rewards, which can enhance total return but may also introduce additional risks and variability. ETHE is a commodity-based product and is not registered under the Investment Company Act of 1940.