Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) to Issue Monthly Dividend of $0.67

Global X Russell 2000 Covered Call & Growth ETF (NYSEARCA:RYLG) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.6709 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 34.9%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 449.9% increase from Global X Russell 2000 Covered Call & Growth ETF’s previous monthly dividend of $0.12.

Global X Russell 2000 Covered Call & Growth ETF Stock Down 0.4%

RYLG stock opened at $23.06 on Tuesday. Global X Russell 2000 Covered Call & Growth ETF has a 52 week low of $17.93 and a 52 week high of $23.51. The firm has a market capitalization of $8.07 million, a P/E ratio of 16.05 and a beta of 0.89. The company has a fifty day simple moving average of $22.85 and a two-hundred day simple moving average of $22.26.

Global X Russell 2000 Covered Call & Growth ETF Company Profile

The Global X Russell 2000 Covered Call & Growth ETF (RYLG) is an exchange-traded fund that is based on the Cboe Russell 2000 Half BuyWrite index. The fund tracks an index that holds Russell 2000 stocks and sells one-month, at-the-money call options on up to 50% of value of the portfolio. RYLG was launched on Oct 4, 2022 and is managed by Global X.