US Equity Cumulative Dividends Fund-Series 2027 (NYSEARCA:IDIV) Trading 0.1% Higher

US Equity Cumulative Dividends Fund-Series 2027 (NYSEARCA:IDIV)’s stock price shot up 0.1% on Monday . The stock traded as high as $12.19 and last traded at $12.19, 1,348 shares changed hands during mid-day trading. An increase of 28% from the average session volume of 1,050 shares. The stock had previously closed at $12.18.

The company’s 50 day moving average price is $11.99 and its two-hundred day moving average price is $11.86.

The business also recently declared a monthly dividend, which was paid on Thursday, January 2nd. Investors of record on Tuesday, December 31st were issued a $0.15 dividend. This represents a $1.80 annualized dividend and a dividend yield of 14.78%. The ex-dividend date of this dividend was Monday, December 30th. This is a boost from US Equity Cumulative Dividends Fund-Series 2027’s previous monthly dividend of $0.13.

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