Monarch Ambassador Income Index ETF (MAMB) to Issue Quarterly Dividend of $0.16 on September 29th

Monarch Ambassador Income Index ETF (BATS:MAMB) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of $0.1617 per share on Tuesday, September 29th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 1.0% decrease from Monarch Ambassador Income Index ETF’s previous quarterly dividend of $0.1633.

Monarch Ambassador Income Index ETF Trading Down 1.3%

BATS:MAMB opened at $23.13 on Friday. The stock has a fifty day simple moving average of $23.78 and a 200 day simple moving average of $24.04. Monarch Ambassador Income Index ETF has a 1-year low of $23.05 and a 1-year high of $24.83.

Monarch Ambassador Income Index ETF Company Profile

The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.