Solana ETF (NASDAQ:SOLZ) Announces Monthly Dividend of $0.03

Solana ETF (NASDAQ:SOLZ) declared a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Shareholders of record on Wednesday, January 21st will be paid a dividend of 0.0296 per share on Thursday, January 22nd. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, January 21st. This is a 27.6% increase from Solana ETF’s previous monthly dividend of $0.02.

Solana ETF Stock Up 2.6%

NASDAQ SOLZ traded up $0.34 on Wednesday, reaching $13.38. 2,490,424 shares of the company’s stock traded hands, compared to its average volume of 1,893,548. Solana ETF has a 12 month low of $11.55 and a 12 month high of $27.12. The stock has a 50-day simple moving average of $13.77 and a 200 day simple moving average of $18.32.

Solana ETF Company Profile

?The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.