3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) to Issue Dividend Increase – $0.10 Per Share

3EDGE Dynamic US Equity ETF (NYSEARCA:EDGU) declared a quarterly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.1028 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 331.9% increase from 3EDGE Dynamic US Equity ETF’s previous quarterly dividend of $0.02.

3EDGE Dynamic US Equity ETF Price Performance

Shares of NYSEARCA EDGU traded down $0.10 during mid-day trading on Tuesday, hitting $28.74. 5,355 shares of the company’s stock traded hands, compared to its average volume of 23,350. 3EDGE Dynamic US Equity ETF has a 1 year low of $21.57 and a 1 year high of $29.05. The company’s 50-day moving average is $28.40 and its two-hundred day moving average is $27.36. The company has a market capitalization of $46.27 million, a P/E ratio of 24.13 and a beta of 1.10.

About 3EDGE Dynamic US Equity ETF

The 3EDGE Dynamic US Equity ETF (EDGU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, investing in US equity securities with a focus on sector and market capitalization selections. The fund adjusts its portfolio in response to U.S EDGU was launched on Oct 3, 2024 and is issued by 3Edge.