Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC) Raises Dividend to $3.31 Per Share

Simplify US Equity PLUS Upside Convexity ETF (NYSEARCA:SPUC – Get Free Report) declared a quarterly dividend on Monday, January 20th. Shareholders of record on Tuesday, December 23rd will be given a dividend of 3.31 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 26.6%. The ex-dividend date of this dividend is Tuesday, December 23rd. This is a 3,210.0% increase from Simplify US Equity PLUS Upside Convexity ETF’s previous quarterly dividend of $0.10.

Simplify US Equity PLUS Upside Convexity ETF Stock Up 1.1%

Shares of NYSEARCA:SPUC opened at $49.79 on Friday. The company has a market capitalization of $103.56 million, a price-to-earnings ratio of 21.23 and a beta of 1.25. The company has a 50 day moving average of $49.92 and a two-hundred day moving average of $47.75. Simplify US Equity PLUS Upside Convexity ETF has a 52-week low of $32.30 and a 52-week high of $52.08.

Institutional Investors Weigh In On Simplify US Equity PLUS Upside Convexity ETF

A number of large investors have recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. acquired a new position in Simplify US Equity PLUS Upside Convexity ETF in the 2nd quarter worth $1,535,000. B.O.S.S. Retirement Advisors LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth about $883,000. LifeWealth Investments LLC purchased a new stake in shares of Simplify US Equity PLUS Upside Convexity ETF during the second quarter worth about $229,000. Great Lakes Retirement Inc. acquired a new position in shares of Simplify US Equity PLUS Upside Convexity ETF in the second quarter worth about $299,000. Finally, AE Wealth Management LLC purchased a new position in Simplify US Equity PLUS Upside Convexity ETF in the second quarter valued at about $4,666,000.

About Simplify US Equity PLUS Upside Convexity ETF

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The Simplify US Equity PLUS Upside Convexity ETF (SPUC) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to the S&P 500 stocks while applying an upside options overlay strategy. SPUC was launched on Sep 3, 2020 and is managed by Simplify.

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