YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) to Issue Monthly Dividend of $1.06 on June 13th

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) declared a monthly dividend on Wednesday, June 11th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 12th will be paid a dividend of 1.0634 per share on Friday, June 13th. This represents a $12.76 dividend on an annualized basis and a dividend yield of 33.57%. The ex-dividend date of this dividend is Thursday, June 12th. This is a 9.4% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous monthly dividend of $0.97.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Performance

FIVY stock opened at $38.01 on Friday. YieldMax Dorsey Wright Hybrid 5 Income ETF has a fifty-two week low of $31.41 and a fifty-two week high of $52.51. The firm has a 50-day moving average price of $37.20. The company has a market capitalization of $9.50 million and a P/E ratio of 24.45.

YieldMax Dorsey Wright Hybrid 5 Income ETF Company Profile

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.