Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Shareholders to Get $0.90 Monthly Dividend

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Thursday, February 12th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $0.8995 per share on Thursday, November 12th. This represents a $10.79 dividend on an annualized basis and a yield of 22.0%. The ex-dividend date is Tuesday, November 10th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Trading Down 1.0%

Shares of Roundhill S&P 500 Target 20 Managed Distribution ETF stock opened at $49.07 on Friday. The business has a 50-day moving average price of $51.88 and a two-hundred day moving average price of $52.40. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 1-year low of $47.35 and a 1-year high of $56.00.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.