ATAC Credit Rotation ETF (NYSEARCA:JOJO) Shareholders to Get $0.07 Monthly Dividend

ATAC Credit Rotation ETF (NYSEARCA:JOJO) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Friday, October 2nd will be given a dividend of $0.0703 per share on Monday, October 5th. This represents a $0.84 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Friday, October 2nd. This is a 13.3% decrease from ATAC Credit Rotation ETF’s previous monthly dividend of $0.0811.

ATAC Credit Rotation ETF Price Performance

Shares of JOJO opened at $14.58 on Friday. ATAC Credit Rotation ETF has a 1 year low of $14.52 and a 1 year high of $16.24. The stock’s fifty day moving average price is $14.95 and its two-hundred day moving average price is $15.34. The firm has a market cap of $4.67 million, a PE ratio of 16.64 and a beta of 0.51.

ATAC Credit Rotation ETF Company Profile

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market. JOJO was launched on Jul 15, 2021 and is managed by ATAC.