Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Announces Dividend Increase – $0.05 Per Share

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) announced a dividend on Wednesday, July 15th, NASDAQ Dividends reports. Investors of record on Thursday, July 16th will be given a dividend of 0.0549 per share on Friday, July 17th. The ex-dividend date of this dividend is Thursday, July 16th. This is a 7.4% increase from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.05.

Defiance Oil Enhanced Options Income ETF Stock Down 2.1%

Shares of NASDAQ USOY traded down $0.15 during midday trading on Thursday, reaching $7.05. 197,338 shares of the company’s stock were exchanged, compared to its average volume of 511,581. Defiance Oil Enhanced Options Income ETF has a 52-week low of $6.35 and a 52-week high of $9.58. The business’s fifty day moving average price is $7.71 and its two-hundred day moving average price is $7.65.

About Defiance Oil Enhanced Options Income ETF

The Defiance Oil Enhanced Options Income ETF (USOY) is an exchange-traded fund that mostly invests in crude oil commodities. The fund is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil. USOY was launched on May 9, 2024 and is issued by Defiance.