Monarch Dividend Plus Index ETF (BATS:MDPL) to Issue Quarterly Dividend of $0.08

Monarch Dividend Plus Index ETF (BATS:MDPL) announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.0847 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, September 24th.

Monarch Dividend Plus Index ETF Stock Performance

Shares of MDPL stock traded down $0.22 on Thursday, hitting $27.72. The company had a trading volume of 8,766 shares, compared to its average volume of 11,196. The firm has a market cap of $60.43 million, a P/E ratio of 12.20 and a beta of 0.69. The stock’s 50-day moving average is $29.16 and its two-hundred day moving average is $27.06. Monarch Dividend Plus Index ETF has a twelve month low of $24.46 and a twelve month high of $31.17.

About Monarch Dividend Plus Index ETF

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.