Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Plans Monthly Dividend of $0.34

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Friday, August 2nd will be paid a dividend of 0.3376 per share on Thursday, August 8th. This represents a $4.05 dividend on an annualized basis and a yield of 8.80%. The ex-dividend date is Friday, August 2nd. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 1.6 %

Shares of NASDAQ:GPIX traded down $0.77 during trading on Friday, hitting $46.05. 76,814 shares of the company were exchanged, compared to its average volume of 41,008. The stock has a market cap of $179.60 million, a price-to-earnings ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $39.03 and a fifty-two week high of $49.11. The firm has a fifty day moving average price of $47.34 and a two-hundred day moving average price of $46.29.

About Goldman Sachs S&P 500 Core Premium Income ETF

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.