Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Plans $0.90 Monthly Dividend

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) announced a monthly dividend on Friday, January 9th. Shareholders of record on Wednesday, January 14th will be given a dividend of 0.8995 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 19.7%. The ex-dividend date is Wednesday, January 14th.

Roundhill S&P 500 Target 20 Managed Distribution ETF Stock Up 0.5%

NYSEARCA:XPAY opened at $54.84 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 1 year low of $44.53 and a 1 year high of $58.64. The stock has a 50-day simple moving average of $54.35 and a 200-day simple moving average of $54.51.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.