TrueShares Active Yield ETF (NASDAQ:ERNZ) to Issue Monthly Dividend of $0.18

TrueShares Active Yield ETF (NASDAQ:ERNZ) declared a monthly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 27th will be paid a dividend of 0.1775 per share on Friday, February 28th. This represents a $2.13 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date is Thursday, February 27th.

TrueShares Active Yield ETF Price Performance

Shares of ERNZ stock opened at $23.68 on Friday. The stock’s fifty day simple moving average is $24.30 and its 200 day simple moving average is $24.69. TrueShares Active Yield ETF has a one year low of $23.66 and a one year high of $25.78. The firm has a market cap of $154.63 million and a price-to-earnings ratio of 12.66.

TrueShares Active Yield ETF Company Profile

The TrueShares Active Yield ETF (ERNZ) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to outperform the broader market by investing in a portfolio of 50-150 income-generating securities derived from quantitative and qualitative analysis. ERNZ was launched on Apr 30, 2024 and is issued by Truemark Group.