Angel Oak Income ETF (NASDAQ:CARY) Raises Dividend to $0.10 Per Share

Angel Oak Income ETF (NASDAQ:CARY) announced a monthly dividend on Tuesday, September 29th. Investors of record on Wednesday, September 30th will be paid a dividend of $0.1025 per share on Thursday, October 1st. This represents a $1.23 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Wednesday, September 30th. This is a 10.0% increase from Angel Oak Income ETF’s previous monthly dividend of $0.0931.

Angel Oak Income ETF Price Performance

CARY stock opened at $20.25 on Wednesday. The stock’s fifty day simple moving average is $20.60 and its two-hundred day simple moving average is $20.74. Angel Oak Income ETF has a 1-year low of $20.20 and a 1-year high of $21.55.

Angel Oak Income ETF Company Profile

The Angel Oak Income ETF (CARY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by broadly investing in USD-denominated fixed income securities with a tilt towards structured products and residential mortgage. Securities could be of any credit quality or maturity. CARY was launched on Nov 7, 2022 and is issued by Angel Oak.