Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) Announces $0.52 Quarterly Dividend

Kingsbarn Dividend Opportunity ETF (NYSEARCA:DVDN) announced a quarterly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.5184 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend is Wednesday, December 24th.

Kingsbarn Dividend Opportunity ETF Stock Performance

NYSEARCA DVDN traded down $0.44 during trading hours on Wednesday, hitting $18.77. 211 shares of the company traded hands, compared to its average volume of 1,902. The business’s 50-day moving average is $19.88 and its 200-day moving average is $21.49. The stock has a market capitalization of $3.19 million, a price-to-earnings ratio of 13.40 and a beta of 0.60. Kingsbarn Dividend Opportunity ETF has a twelve month low of $18.75 and a twelve month high of $28.52.

Kingsbarn Dividend Opportunity ETF Company Profile

The Kingsbarn Dividend Opportunity ETF (DVDN) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed, narrow portfolio of publicly traded equities issued by residential and commercial mortgage REITs or business development companies. The funds objective is to provide quarterly dividends and long-term capital appreciation. DVDN was launched on Nov 2, 2023 and is issued by Kingsbarn.