Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) Announces $0.03 Monthly Dividend

Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) declared a monthly dividend on Monday, July 27th, NASDAQ Dividends reports. Investors of record on Tuesday, July 28th will be paid a dividend of 0.03 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Tuesday, July 28th.

Simplify Bitcoin Strategy PLUS Income ETF Stock Down 3.8%

NASDAQ:MAXI traded down $0.35 during mid-day trading on Tuesday, hitting $8.93. 7,071 shares of the company’s stock were exchanged, compared to its average volume of 32,375. Simplify Bitcoin Strategy PLUS Income ETF has a fifty-two week low of $8.22 and a fifty-two week high of $34.73. The company has a 50 day simple moving average of $9.39 and a 200-day simple moving average of $10.75.

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.