Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) Plans Monthly Dividend of $0.06

Angel Oak High Yield Opportunities ETF (NASDAQ:AOHY) declared a monthly dividend on Thursday, October 29th. Shareholders of record on Friday, October 30th will be paid a dividend of $0.0637 per share on Monday, November 2nd. This represents a $0.76 annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, October 30th. This is a 1.4% increase from Angel Oak High Yield Opportunities ETF’s previous monthly dividend of $0.0628.

Angel Oak High Yield Opportunities ETF Price Performance

Shares of AOHY stock opened at $10.80 on Friday. The firm has a fifty day moving average price of $10.86 and a 200-day moving average price of $11.02. The company has a market cap of $117.12 million, a price-to-earnings ratio of 2.33 and a beta of 0.20. Angel Oak High Yield Opportunities ETF has a 1 year low of $10.58 and a 1 year high of $11.25.

Angel Oak High Yield Opportunities ETF shares are going to reverse split before the market opens on Monday, November 16th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 15th.

Angel Oak High Yield Opportunities ETF Company Profile

The Angel Oak High Yield Opportunities ETF (AOHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to high-yield fixed-income securities, globally. The fund seeks a high level of current income, and to a lesser extent, capital appreciation. AOHY was launched on Feb 20, 2024 and is issued by Angel Oak.