Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) Raises Dividend to $0.20 Per Share

Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP) declared a dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders of record on Friday, March 28th will be given a dividend of 0.1997 per share on Monday, March 31st. The ex-dividend date of this dividend is Friday, March 28th. This is a 127.7% increase from Cullen Enhanced Equity Income ETF’s previous dividend of $0.09.

Cullen Enhanced Equity Income ETF Price Performance

Shares of Cullen Enhanced Equity Income ETF stock traded down $0.32 during trading hours on Friday, hitting $25.79. The company’s stock had a trading volume of 4,201 shares, compared to its average volume of 2,845. The company has a market capitalization of $17.41 million, a PE ratio of 17.56 and a beta of 0.44. The stock has a 50 day moving average of $25.89 and a 200 day moving average of $26.16. Cullen Enhanced Equity Income ETF has a 12 month low of $24.76 and a 12 month high of $27.15.

About Cullen Enhanced Equity Income ETF

The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income.