Solana ETF (NASDAQ:SOLZ) to Issue Dividend Increase – $0.03 Per Share

by · The Cerbat Gem

Solana ETF (NASDAQ:SOLZGet Free Report) announced a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Stockholders of record on Wednesday, January 21st will be paid a dividend of 0.0296 per share on Thursday, January 22nd. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, January 21st. This is a 27.6% increase from Solana ETF’s previous monthly dividend of $0.02.

Solana ETF Trading Up 2.6%

NASDAQ:SOLZ traded up $0.34 during trading hours on Wednesday, reaching $13.38. The company had a trading volume of 2,490,424 shares, compared to its average volume of 1,893,548. Solana ETF has a twelve month low of $11.55 and a twelve month high of $27.12. The business’s 50-day simple moving average is $13.77 and its two-hundred day simple moving average is $18.32.

About Solana ETF

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​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.

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