Solana ETF (NASDAQ:SOLZ) to Issue $0.01 Monthly Dividend

Solana ETF (NASDAQ:SOLZ) announced a monthly dividend on Tuesday, July 21st, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 22nd will be given a dividend of 0.0148 per share on Thursday, July 23rd. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Wednesday, July 22nd.

Solana ETF Price Performance

Shares of SOLZ traded down $0.03 during trading hours on Wednesday, reaching $7.77. 591,723 shares of the company traded hands, compared to its average volume of 1,706,631. Solana ETF has a 12-month low of $6.17 and a 12-month high of $27.12. The business has a fifty day moving average price of $7.70 and a 200-day moving average price of $9.14.

About Solana ETF

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.