STF Tactical Growth & Income ETF (NASDAQ:TUGN) Plans Dividend Increase – $0.25 Per Share
by Teresa Graham · The Cerbat GemSTF Tactical Growth & Income ETF (NASDAQ:TUGN – Get Free Report) announced a monthly dividend on Wednesday, April 22nd, NASDAQ Dividends reports. Stockholders of record on Thursday, April 23rd will be given a dividend of 0.2513 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Thursday, April 23rd. This is a 7.3% increase from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.23.
STF Tactical Growth & Income ETF Stock Performance
Shares of NASDAQ TUGN traded down $0.32 during trading hours on Thursday, hitting $25.56. The company’s stock had a trading volume of 12,173 shares, compared to its average volume of 24,674. STF Tactical Growth & Income ETF has a 12 month low of $20.67 and a 12 month high of $27.05. The stock has a market cap of $76.68 million, a price-to-earnings ratio of 32.38 and a beta of 0.73. The business has a 50-day simple moving average of $24.14 and a 200-day simple moving average of $25.15.
About STF Tactical Growth & Income ETF
The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.