RH Hedged Multi-Asset Income ETF to Issue Monthly Dividend of $0.07 (NYSEARCA:AMAX)

by · The Cerbat Gem

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX – Get Free Report) declared a monthly dividend on Monday, January 13th. Shareholders of record on Tuesday, December 30th will be given a dividend of 0.0651 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date is Tuesday, December 30th.

RH Hedged Multi-Asset Income ETF Stock Performance

Shares of NYSEARCA AMAX opened at $8.10 on Friday. The stock has a market cap of $35.80 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a fifty-two week low of $7.06 and a fifty-two week high of $8.43. The firm’s 50-day simple moving average is $8.08 and its 200 day simple moving average is $8.05.

RH Hedged Multi-Asset Income ETF Company Profile

(Get Free Report)

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.

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