Swan Enhanced Dividend Income ETF (BATS:SCLZ) Raises Dividend to $0.41 Per Share

Swan Enhanced Dividend Income ETF (BATS:SCLZ) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of 0.408 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 1.1% increase from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.40.

Swan Enhanced Dividend Income ETF Price Performance

Shares of Swan Enhanced Dividend Income ETF stock traded up $0.17 during trading hours on Thursday, reaching $56.94. The company’s stock had a trading volume of 874 shares, compared to its average volume of 1,082. The firm has a 50 day moving average price of $56.29 and a 200-day moving average price of $55.32. Swan Enhanced Dividend Income ETF has a one year low of $50.41 and a one year high of $57.54. The stock has a market cap of $14.23 million, a P/E ratio of 24.61 and a beta of 0.58.

About Swan Enhanced Dividend Income ETF

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.