Cullen Enhanced Equity Income ETF (NYSEARCA:DIVP – Get Free Report) announced a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.1137 per share on Friday, October 30th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, October 29th. This is a 39.1% decrease from Cullen Enhanced Equity Income ETF’s previous monthly dividend of $0.1868.
Cullen Enhanced Equity Income ETF Stock Performance
DIVP stock opened at $27.59 on Friday. Cullen Enhanced Equity Income ETF has a 52 week low of $24.11 and a 52 week high of $28.12. The firm’s fifty day moving average is $27.03 and its 200 day moving average is $26.82. The firm has a market cap of $62.91 million, a P/E ratio of 14.21 and a beta of 0.33.
About Cullen Enhanced Equity Income ETF
The Cullen Enhanced Equity Income ETF (DIVP) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in large- and mid-cap US stocks with high-dividend value characteristics, while also employing covered call strategy for additional income. DIVP was launched on Mar 6, 2024 and is issued by Cullen.
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