SWP Growth & Income ETF (NASDAQ:SWP) Announces Dividend Increase – $0.22 Per Share

SWP Growth & Income ETF (NASDAQ:SWP) declared a dividend on Thursday, March 27th, NASDAQ Dividends reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.2182 per share on Monday, March 31st. The ex-dividend date is Friday, March 28th. This is a 97.3% increase from SWP Growth & Income ETF’s previous dividend of $0.11.

SWP Growth & Income ETF Price Performance

SWP stock traded down $0.58 during trading on Friday, reaching $24.23. 8,278 shares of the stock were exchanged, compared to its average volume of 11,742. SWP Growth & Income ETF has a twelve month low of $24.20 and a twelve month high of $26.72. The firm has a market capitalization of $81.90 million and a P/E ratio of 23.61. The business’s 50 day simple moving average is $25.75.

Insiders Place Their Bets

In other news, SVP Janet Link sold 1,990 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $85.24, for a total transaction of $169,627.60. Following the completion of the transaction, the senior vice president now directly owns 9,862 shares of the company’s stock, valued at approximately $840,636.88. This trade represents a 16.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

About SWP Growth & Income ETF

The SWP Growth & Income ETF (SWP) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects income-producing companies in the US that exhibit quality characteristics. It selects securities of any capitalization but significantly focuses on the large-cap spectrum.