Swan Enhanced Dividend Income ETF (BATS:SCLZ) Shares to Pay Monthly Dividend of $0.40

Swan Enhanced Dividend Income ETF (BATS:SCLZ) declared a monthly dividend on Wednesday, October 21st. Investors of record on Thursday, October 22nd will be paid a dividend of $0.4036 per share on Tuesday, October 27th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Thursday, October 22nd. This is a 1.1% decrease from Swan Enhanced Dividend Income ETF’s previous monthly dividend of $0.4080.

Swan Enhanced Dividend Income ETF Price Performance

SCLZ stock traded down $0.90 during trading on Thursday, reaching $56.03. The company had a trading volume of 296 shares, compared to its average volume of 1,075. The business has a 50 day moving average of $56.79 and a 200 day moving average of $55.98. The company has a market cap of $14.01 million, a P/E ratio of 24.61 and a beta of 0.58. Swan Enhanced Dividend Income ETF has a 52 week low of $50.41 and a 52 week high of $57.72.

About Swan Enhanced Dividend Income ETF

The Swan Enhanced Dividend Income ETF (SCLZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total return by investing in dividend-paying large- and mid-cap US stocks while enhancing returns through a covered call-writing options strategy. SCLZ was launched on Feb 26, 2024 and is issued by Swan.