Overlay Shares Large Cap Equity ETF (OVL) To Go Ex-Dividend on January 28th

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) declared a quarterly dividend on Tuesday, January 27th. Shareholders of record on Wednesday, January 28th will be given a dividend of 0.4706 per share on Thursday, January 29th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, January 28th. This is a 12.1% increase from Overlay Shares Large Cap Equity ETF’s previous quarterly dividend of $0.42.

Overlay Shares Large Cap Equity ETF Trading Down 0.5%

Shares of OVL stock opened at $54.27 on Thursday. The stock has a 50 day simple moving average of $53.57 and a 200-day simple moving average of $52.00. The company has a market cap of $183.43 million, a price-to-earnings ratio of 24.33 and a beta of 1.15. Overlay Shares Large Cap Equity ETF has a 12-month low of $37.58 and a 12-month high of $54.61.

About Overlay Shares Large Cap Equity ETF

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.