ETC 6 Meridian Mega Cap Equity ETF (SIXA) to Issue Monthly Dividend of $0.12 on December 31st

ETC 6 Meridian Mega Cap Equity ETF (NYSEARCA:SIXA) declared a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.1242 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 127.9% increase from ETC 6 Meridian Mega Cap Equity ETF’s previous monthly dividend of $0.05.

ETC 6 Meridian Mega Cap Equity ETF Stock Performance

Shares of SIXA stock opened at $50.19 on Wednesday. ETC 6 Meridian Mega Cap Equity ETF has a 52-week low of $41.26 and a 52-week high of $50.53. The company has a 50-day simple moving average of $49.50 and a two-hundred day simple moving average of $49.24. The company has a market capitalization of $407.54 million, a price-to-earnings ratio of 16.86 and a beta of 0.72.

ETC 6 Meridian Mega Cap Equity ETF Company Profile

The ETC 6 Meridian Mega Cap Equity ETF (SIXA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that invests in large-cap US equities selected from the Russell 3000 Index. SIXA was launched on May 11, 2020 and is managed by Meridian.