Strategas Macro Momentum ETF Announces Annual Dividend of $0.31 (NYSEARCA:SAMM)

Strategas Macro Momentum ETF (NYSEARCA:SAMM) declared an annual dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.3106 per share on Wednesday, January 7th. This represents a dividend yield of 102.0%. The ex-dividend date is Tuesday, December 30th.

Strategas Macro Momentum ETF Trading Down 1.7%

Shares of NYSEARCA:SAMM traded down $0.52 during trading on Tuesday, reaching $30.40. The company’s stock had a trading volume of 3,313 shares, compared to its average volume of 2,350. The stock has a market capitalization of $19.15 million, a PE ratio of 22.18 and a beta of 1.22. Strategas Macro Momentum ETF has a 12 month low of $21.88 and a 12 month high of $30.95. The firm’s 50 day simple moving average is $30.01 and its two-hundred day simple moving average is $28.59.

About Strategas Macro Momentum ETF

The Strategas Macro Momentum ETF (SAMM) is an exchange-traded fund that mostly invests in total market equity. The fund primarily invests in 20-50 US equities selected through a tactical, macro momentum approach that looks for strong technical, momentum, and relative strength characteristics. The actively managed fund aims for a more defensive posture when the indicators turn negative. SAMM was launched on Apr 3, 2024 and is issued by Strategas.