ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) Announces Dividend Increase – $0.10 Per Share

ETC 6 Meridian Hedged Equity Index Option Strategy (NYSEARCA:SIXH) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.0958 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th. This is a 73.2% increase from ETC 6 Meridian Hedged Equity Index Option Strategy’s previous dividend of $0.06.

ETC 6 Meridian Hedged Equity Index Option Strategy Trading Up 0.1 %

ETC 6 Meridian Hedged Equity Index Option Strategy stock traded up $0.04 during trading on Thursday, hitting $39.01. The company had a trading volume of 4,588 shares, compared to its average volume of 20,488. The stock has a market cap of $563.69 million, a price-to-earnings ratio of 18.04 and a beta of 0.38. ETC 6 Meridian Hedged Equity Index Option Strategy has a 1-year low of $33.87 and a 1-year high of $39.84. The company’s 50 day simple moving average is $38.43 and its 200-day simple moving average is $37.66.

ETC 6 Meridian Hedged Equity Index Option Strategy Company Profile

The ETC 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that provides exposure to US equities and sellscall options against SPY. SIXH was launched on May 11, 2020 and is managed by Meridian.