ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Raises Dividend to $0.10 Per Share

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.1008 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, December 30th. This is a 41.8% increase from ETC 6 Meridian Small Cap Equity ETF’s previous monthly dividend of $0.07.

ETC 6 Meridian Small Cap Equity ETF Trading Down 0.4%

SIXS stock opened at $51.35 on Tuesday. The firm has a 50-day moving average of $49.97 and a two-hundred day moving average of $49.15. ETC 6 Meridian Small Cap Equity ETF has a 12 month low of $41.63 and a 12 month high of $52.67. The company has a market cap of $110.40 million, a price-to-earnings ratio of 11.13 and a beta of 0.83.

ETC 6 Meridian Small Cap Equity ETF Company Profile

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.