ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Raises Dividend to $0.09 Per Share

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.0864 per share on Friday, March 28th. The ex-dividend date is Thursday, March 27th. This is a 171.7% increase from ETC 6 Meridian Small Cap Equity ETF’s previous dividend of $0.03.

ETC 6 Meridian Small Cap Equity ETF Price Performance

Shares of NYSEARCA:SIXS traded up $0.01 during trading on Thursday, reaching $47.18. 5,192 shares of the company’s stock traded hands, compared to its average volume of 3,015. ETC 6 Meridian Small Cap Equity ETF has a 12 month low of $44.15 and a 12 month high of $52.97. The stock has a market capitalization of $92.00 million, a P/E ratio of 13.88 and a beta of 0.84. The company has a 50 day moving average of $48.57 and a 200-day moving average of $49.24.

About ETC 6 Meridian Small Cap Equity ETF

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.