YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Announces Dividend Increase – $0.17 Per Share

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) announced a dividend on Tuesday, June 9th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 10th will be given a dividend of 0.1744 per share on Thursday, June 11th. The ex-dividend date of this dividend is Wednesday, June 10th. This is a 5.7% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.17.

YieldMax Dorsey Wright Hybrid 5 Income ETF Price Performance

Shares of FIVY traded down $0.89 during midday trading on Wednesday, hitting $23.15. The stock had a trading volume of 13,918 shares, compared to its average volume of 5,640. The company has a 50 day simple moving average of $25.06 and a two-hundred day simple moving average of $27.19. YieldMax Dorsey Wright Hybrid 5 Income ETF has a twelve month low of $22.23 and a twelve month high of $41.88. The firm has a market cap of $4.63 million, a price-to-earnings ratio of 27.16 and a beta of 1.26.

YieldMax Dorsey Wright Hybrid 5 Income ETF Company Profile

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.