SoFi Enhanced Yield ETF (NYSEARCA:THTA) Plans Dividend Increase – $0.13 Per Share

SoFi Enhanced Yield ETF (NYSEARCA:THTA) declared a monthly dividend on Wednesday, October 14th. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.1313 per share on Friday, October 16th. This represents a $1.58 annualized dividend and a yield of 10.0%. The ex-dividend date is Thursday, October 15th. This is a 0.3% increase from SoFi Enhanced Yield ETF’s previous monthly dividend of $0.1310.

SoFi Enhanced Yield ETF Stock Down 0.1%

Shares of SoFi Enhanced Yield ETF stock opened at $15.79 on Thursday. SoFi Enhanced Yield ETF has a 52 week low of $14.60 and a 52 week high of $16.07. The firm’s 50 day moving average is $15.69 and its two-hundred day moving average is $15.58. The firm has a market capitalization of $64.74 million, a P/E ratio of 24.54 and a beta of 0.20.

SoFi Enhanced Yield ETF Company Profile

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.