Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) to Issue $0.90 Monthly Dividend

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) declared a monthly dividend on Thursday, February 12th. Investors of record on Wednesday, September 9th will be paid a dividend of 0.8995 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 20.3%. The ex-dividend date of this dividend is Wednesday, September 9th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Price Performance

Shares of XPAY stock opened at $53.23 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a one year low of $47.35 and a one year high of $56.51. The company’s 50-day moving average is $53.04 and its 200 day moving average is $52.48.

About Roundhill S&P 500 Target 20 Managed Distribution ETF

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.