Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) Plans Dividend Increase – $0.27 Per Share

Palmer Square Credit Opportunities ETF (NYSEARCA:PSQO) declared a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.2675 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 11.0% increase from Palmer Square Credit Opportunities ETF’s previous quarterly dividend of $0.24.

Palmer Square Credit Opportunities ETF Price Performance

PSQO stock traded down $0.28 during midday trading on Thursday, reaching $20.55. The company’s stock had a trading volume of 6,059 shares, compared to its average volume of 74,676. The business’s 50-day simple moving average is $20.80 and its 200-day simple moving average is $20.74. Palmer Square Credit Opportunities ETF has a 52 week low of $19.76 and a 52 week high of $21.53.

About Palmer Square Credit Opportunities ETF

The Palmer Square Credit Opportunities ETF (PSQO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks high current income and long-term capital growth through an actively managed portfolio that holds debt securities of any credit rating and maturity issued by governments and corporations from around the globe. PSQO was launched on Sep 11, 2024 and is issued by Palmer Square.