YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Announces Dividend Increase – $0.22 Per Share

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) announced a dividend on Tuesday, May 5th, NASDAQ Dividends reports. Stockholders of record on Wednesday, May 6th will be given a dividend of 0.2205 per share on Thursday, May 7th. The ex-dividend date is Wednesday, May 6th. This is a 37.3% increase from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Performance

Shares of FIVY traded up $0.40 during trading hours on Wednesday, hitting $26.00. 1,101 shares of the company were exchanged, compared to its average volume of 4,547. The company has a market cap of $5.20 million, a PE ratio of 27.16 and a beta of 1.24. The firm’s 50 day moving average is $24.36 and its 200-day moving average is $28.90. YieldMax Dorsey Wright Hybrid 5 Income ETF has a 52 week low of $22.23 and a 52 week high of $41.88.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

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.