X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) Shareholders to Receive $0.05 Quarterly Dividend

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) announced a quarterly dividend on Thursday, October 1st. Shareholders of record on Friday, October 2nd will be paid a dividend of $0.0464 per share on Monday, October 5th. This represents a $0.19 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, October 2nd. This is a 91.5% decrease from X-Square Municipal Income Tax Free ETF’s previous quarterly dividend of $0.5476.

X-Square Municipal Income Tax Free ETF Stock Performance

Shares of ZTAX stock traded down $0.15 during trading hours on Friday, reaching $24.02. 609 shares of the company’s stock were exchanged, compared to its average volume of 2,397. X-Square Municipal Income Tax Free ETF has a fifty-two week low of $23.06 and a fifty-two week high of $28.65. The stock’s 50 day moving average is $25.07 and its 200-day moving average is $25.35.

X-Square Municipal Income Tax Free ETF Company Profile

The X-Square Municipal Income Tax Free ETF (ZTAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated municipal securities that are exempt from US federal, state, and local taxes. Securities could be of any maturity or credit quality issued by Puerto Rico, Guam and the US Virgin Islands. ZTAX was launched on May 19, 2023 and is managed by X-Square Capital.