S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) Declares Dividend Increase – $2.14 Per Share

S&P 500 Covered Call & Growth ETF (NYSEARCA:XYLG) declared a monthly dividend on Monday, December 29th. Shareholders of record on Tuesday, December 30th will be given a dividend of 2.1406 per share on Wednesday, January 7th. This represents a c) dividend on an annualized basis and a yield of 86.1%. The ex-dividend date is Tuesday, December 30th. This is a 1,697.3% increase from S&P 500 Covered Call & Growth ETF’s previous monthly dividend of $0.12.

S&P 500 Covered Call & Growth ETF Stock Up 0.1%

Shares of NYSEARCA:XYLG opened at $29.82 on Tuesday. The company has a market capitalization of $55.76 million, a price-to-earnings ratio of 25.30 and a beta of 0.78. The company has a 50 day moving average of $29.38 and a two-hundred day moving average of $28.57. S&P 500 Covered Call & Growth ETF has a 52-week low of $23.07 and a 52-week high of $29.91.

About S&P 500 Covered Call & Growth ETF

The Global X S&P 500 Covered Call & Growth ETF (XYLG) is an exchange-traded fund that is based on the Cboe S&P 500 Half BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 50% of each stock. XYLG was launched on Sep 18, 2020 and is managed by Global X.