STF Tactical Growth & Income ETF (TUGN) to Issue Monthly Dividend of $0.25 on April 24th

STF Tactical Growth & Income ETF (NASDAQ:TUGN) declared a monthly dividend on Wednesday, April 22nd, NASDAQ Dividends reports. Investors of record on Thursday, April 23rd will be given a dividend of 0.2513 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. The ex-dividend date is Thursday, April 23rd. This is a 7.3% increase from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.23.

STF Tactical Growth & Income ETF Stock Performance

NASDAQ:TUGN opened at $25.56 on Friday. The company has a market cap of $76.68 million, a PE ratio of 32.38 and a beta of 0.73. STF Tactical Growth & Income ETF has a 52-week low of $20.67 and a 52-week high of $27.05. The stock has a 50-day simple moving average of $24.16 and a 200 day simple moving average of $25.15.

About STF Tactical Growth & Income ETF

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.