Akros Monthly Payout ETF (MPAY) to Issue Dividend of $0.15 on December 4th

Akros Monthly Payout ETF (NYSEARCA:MPAY) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 3rd will be paid a dividend of 0.1516 per share on Wednesday, December 4th. The ex-dividend date of this dividend is Tuesday, December 3rd. This is an increase from Akros Monthly Payout ETF’s previous dividend of $0.15.

Akros Monthly Payout ETF Price Performance

Shares of MPAY opened at $25.96 on Wednesday. The firm’s 50 day moving average is $25.74 and its 200-day moving average is $25.27. Akros Monthly Payout ETF has a 12-month low of $22.15 and a 12-month high of $26.10. The stock has a market capitalization of $2.08 million, a P/E ratio of 32.50 and a beta of 0.71.

Akros Monthly Payout ETF Company Profile

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions.