ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) Announces Monthly Dividend of $0.19

ETC 6 Meridian Small Cap Equity ETF (NYSEARCA:SIXS) announced a monthly dividend on Tuesday, January 27th. Investors of record on Wednesday, January 28th will be given a dividend of 0.1931 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Wednesday, January 28th. This is a 91.5% increase from ETC 6 Meridian Small Cap Equity ETF’s previous monthly dividend of $0.10.

ETC 6 Meridian Small Cap Equity ETF Trading Down 0.5%

Shares of ETC 6 Meridian Small Cap Equity ETF stock traded down $0.24 on Wednesday, reaching $51.91. 2,005 shares of the company were exchanged, compared to its average volume of 4,841. The firm has a market capitalization of $114.21 million, a price-to-earnings ratio of 11.13 and a beta of 0.83. ETC 6 Meridian Small Cap Equity ETF has a fifty-two week low of $41.63 and a fifty-two week high of $53.19. The stock has a fifty day moving average price of $51.15 and a 200-day moving average price of $49.86.

ETC 6 Meridian Small Cap Equity ETF Company Profile

The ETC 6 Meridian Small Cap Equity ETF (SIXS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is a portfolio of US small-caps with low beta and value characteristics, actively selected from the S&P 600. SIXS was launched on May 11, 2020 and is managed by Meridian.