PeakShares Sector Rotation ETF (NASDAQ:PSTR) Increases Dividend to $0.36 Per Share

PeakShares Sector Rotation ETF (NASDAQ:PSTR) announced a quarterly dividend on Monday, September 22nd. Investors of record on Tuesday, September 23rd will be given a dividend of 0.3565 per share on Monday, September 29th. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, September 23rd. This is a 3.7% increase from PeakShares Sector Rotation ETF’s previous quarterly dividend of $0.34.

PeakShares Sector Rotation ETF Price Performance

PSTR traded down $0.25 on Tuesday, hitting $28.47. 3,435 shares of the stock were exchanged, compared to its average volume of 5,954. PeakShares Sector Rotation ETF has a 12 month low of $23.41 and a 12 month high of $30.33. The business has a 50-day moving average of $28.13 and a two-hundred day moving average of $27.36. The firm has a market capitalization of $31.88 million and a price-to-earnings ratio of -2.27.

About PeakShares Sector Rotation ETF

The Peakshares Sector Rotation ETF (PSTR) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide total return by actively managing a narrow portfolio of US equities. The portfolio rotates towards sectors thought to have the greatest potential for outperformance.