SoFi Enhanced Yield ETF (NYSEARCA:THTA) Plans Monthly Dividend of $0.15

SoFi Enhanced Yield ETF (NYSEARCA:THTA) declared a monthly dividend on Wednesday, January 14th. Stockholders of record on Friday, January 16th will be given a dividend of 0.152 per share on Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Friday, January 16th.

SoFi Enhanced Yield ETF Trading Down 0.4%

Shares of THTA opened at $15.18 on Thursday. The stock has a 50 day moving average of $15.15 and a 200 day moving average of $15.09. The company has a market capitalization of $36.13 million, a price-to-earnings ratio of 24.54 and a beta of 0.35. SoFi Enhanced Yield ETF has a 12 month low of $12.30 and a 12 month high of $19.25.

About SoFi Enhanced Yield ETF

The SoFi Enhanced Yield ETF (THTA) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is an actively managed fund that invests in US government securities combined with a credit spread option strategy. The funds goal is to generate monthly income, and pursue risk-adjusted returns, independent of trends in the equity and bond markets THTA was launched on Nov 15, 2023 and is issued by SoFi.