Amplify Samsung SOFR ETF (NYSEARCA:SOFR) to Issue $0.30 Monthly Dividend

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be given a dividend of 0.3037 per share on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Thursday, January 29th.

Amplify Samsung SOFR ETF Stock Down 0.3%

Shares of NYSEARCA:SOFR traded down $0.31 during midday trading on Thursday, reaching $100.12. The company had a trading volume of 2,000 shares, compared to its average volume of 8,628. The stock’s fifty day moving average price is $100.29 and its 200-day moving average price is $100.32. Amplify Samsung SOFR ETF has a one year low of $100.03 and a one year high of $100.89.

Amplify Samsung SOFR ETF Company Profile

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure. SOFR was launched on Nov 15, 2023 and is issued by Amplify Investments.