Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Shares to Pay Monthly Dividend of $0.09

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) announced a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.0850 per share on Wednesday, September 30th. This represents a $1.02 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 29th.

Leatherback Long/Short Alternative Yield ETF Stock Performance

LBAY stock opened at $25.18 on Tuesday. Leatherback Long/Short Alternative Yield ETF has a 1 year low of $23.44 and a 1 year high of $29.03. The stock has a market capitalization of $16.37 million, a price-to-earnings ratio of 17.38 and a beta of 0.27. The stock’s fifty day moving average is $26.84 and its two-hundred day moving average is $26.35.

Leatherback Long/Short Alternative Yield ETF Company Profile

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.