AltShares Event-Driven ETF (NYSEARCA:EVNT) Plans $0.55 Annual Dividend

AltShares Event-Driven ETF (NYSEARCA:EVNT) announced an annual dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.5514 per share on Friday, December 19th. This represents a dividend yield of 459.0%. The ex-dividend date of this dividend is Thursday, December 18th.

AltShares Event-Driven ETF Price Performance

Shares of EVNT stock opened at $12.01 on Thursday. The stock’s fifty day moving average price is $11.94 and its 200 day moving average price is $11.74. AltShares Event-Driven ETF has a 1-year low of $9.78 and a 1-year high of $13.54. The company has a market cap of $8.77 million, a price-to-earnings ratio of 18.53 and a beta of 0.35.

AltShares Event-Driven ETF Company Profile

The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event.