Main BuyWrite ETF (BATS:BUYW) Announces Monthly Dividend of $0.07

Main BuyWrite ETF (BATS:BUYW) announced a monthly dividend on Monday, September 22nd. Stockholders of record on Tuesday, September 23rd will be given a dividend of 0.0711 per share on Monday, September 29th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 23rd. This is a 0.3% increase from Main BuyWrite ETF’s previous monthly dividend of $0.07.

Main BuyWrite ETF Price Performance

BATS BUYW traded up $0.08 during midday trading on Tuesday, hitting $14.17. 188,047 shares of the company traded hands, compared to its average volume of 212,459. The company has a market cap of $730.06 million, a PE ratio of 24.65 and a beta of 0.30. The company’s 50-day simple moving average is $14.17 and its 200-day simple moving average is $13.90. Main BuyWrite ETF has a 52 week low of $12.45 and a 52 week high of $14.19.

Main BuyWrite ETF Company Profile

The Main Buywrite ETF (BUYW) is an exchange-traded fund that mostly invests in total market equity. The fund seeks risk-adjusted total returns by actively investing in global equity ETFs combined with an option writing strategy. BUYW was launched on Dec 29, 2015 and is managed by Main Funds.