KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP) to Issue Monthly Dividend of $0.58

KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP) announced a monthly dividend on Wednesday, February 25th. Shareholders of record on Thursday, February 26th will be paid a dividend of 0.5837 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 25.1%. The ex-dividend date of this dividend is Thursday, February 26th.

KraneShares China Internet and Covered Call Strategy ETF Trading Down 4.3%

Shares of KraneShares China Internet and Covered Call Strategy ETF stock traded down $1.26 during trading hours on Thursday, reaching $27.92. 50,140 shares of the company’s stock were exchanged, compared to its average volume of 44,538. The stock has a market cap of $117.28 million, a P/E ratio of 16.77 and a beta of 0.36. The company has a 50 day moving average of $30.65 and a two-hundred day moving average of $31.74. KraneShares China Internet and Covered Call Strategy ETF has a fifty-two week low of $27.06 and a fifty-two week high of $34.31.

KraneShares China Internet and Covered Call Strategy ETF Company Profile

The KraneShares Trust – KraneShares China Internet and Covered Call Strategy ETF (KLIP) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio. KLIP was launched on Jan 12, 2023 and is managed by KraneShares.