Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) to Issue $0.43 Monthly Dividend

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Friday, January 3rd will be given a dividend of 0.4285 per share on Friday, January 10th. This represents a $5.14 annualized dividend and a yield of 10.44%. The ex-dividend date of this dividend is Friday, January 3rd.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.7 %

Shares of GPIQ traded up $0.32 during mid-day trading on Friday, hitting $49.27. 107,839 shares of the company’s stock traded hands, compared to its average volume of 128,070. The business’s 50-day moving average price is $49.21 and its 200-day moving average price is $47.82. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $42.01 and a 1 year high of $50.80. The firm has a market capitalization of $339.96 million, a P/E ratio of 30.31 and a beta of 1.02.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.