Formidable ETF (NYSEARCA:FORH) to Issue $0.44 Annual Dividend

Formidable ETF (NYSEARCA:FORH) announced an annual dividend on Tuesday, December 23rd. Stockholders of record on Wednesday, December 24th will be given a dividend of 0.4394 per share on Friday, December 26th. This represents a dividend yield of 174.0%. The ex-dividend date of this dividend is Wednesday, December 24th.

Formidable ETF Stock Down 0.4%

FORH stock opened at $25.18 on Wednesday. The stock has a market capitalization of $21.40 million, a price-to-earnings ratio of 17.10 and a beta of 0.56. Formidable ETF has a 52-week low of $19.13 and a 52-week high of $27.79. The stock’s fifty day simple moving average is $25.26 and its 200-day simple moving average is $24.31.

Formidable ETF Company Profile

The Formidable ETF (FORH) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by actively managing a multi-strategy approach to providing alternative exposure, include tail hedge. FORH was launched on Apr 28, 2021 and is managed by Formidable.