YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Increases Dividend to $0.15 Per Share
by Michael Walen · The Markets DailyYieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY – Get Free Report) announced a dividend on Tuesday, April 21st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 22nd will be given a dividend of 0.1515 per share on Thursday, April 23rd. The ex-dividend date of this dividend is Wednesday, April 22nd. This is a 5.3% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.14.
YieldMax Dorsey Wright Hybrid 5 Income ETF Price Performance
Shares of NASDAQ FIVY traded up $0.64 during trading hours on Wednesday, hitting $25.52. 2,606 shares of the stock were exchanged, compared to its average volume of 4,401. The company’s 50 day moving average is $24.27 and its 200 day moving average is $29.63. The firm has a market capitalization of $5.10 million, a P/E ratio of 27.16 and a beta of 1.34. YieldMax Dorsey Wright Hybrid 5 Income ETF has a one year low of $22.23 and a one year high of $41.88.
YieldMax Dorsey Wright Hybrid 5 Income ETF Company Profile
The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.