Solana ETF (NASDAQ:SOLZ) to Issue $0.01 Monthly Dividend

Solana ETF (NASDAQ:SOLZ) declared a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 19th will be given a dividend of 0.0126 per share on Thursday, August 20th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, August 19th.

Solana ETF Stock Performance

Shares of SOLZ stock traded up $0.51 during mid-day trading on Wednesday, reaching $8.23. 3,028,356 shares of the company’s stock traded hands, compared to its average volume of 1,624,747. Solana ETF has a 12 month low of $6.17 and a 12 month high of $27.12. The company’s 50-day moving average price is $7.45 and its 200-day moving average price is $8.25.

About Solana ETF

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.