FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) to Issue Monthly Dividend of $0.14

FolioBeyond Enhanced Fixed Income Premium ETF (NYSEARCA:FIXP) announced a monthly dividend on Monday, September 28th. Stockholders of record on Tuesday, September 29th will be paid a dividend of $0.14 per share on Wednesday, September 30th. This represents a $1.68 annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 75.0% increase from FolioBeyond Enhanced Fixed Income Premium ETF’s previous monthly dividend of $0.08.

FolioBeyond Enhanced Fixed Income Premium ETF Stock Performance

FolioBeyond Enhanced Fixed Income Premium ETF stock opened at $19.28 on Tuesday. FolioBeyond Enhanced Fixed Income Premium ETF has a 52 week low of $19.21 and a 52 week high of $20.46. The firm has a market capitalization of $10.03 million, a PE ratio of 13.70 and a beta of 0.11. The business’s 50-day simple moving average is $19.74 and its 200-day simple moving average is $19.80.

About FolioBeyond Enhanced Fixed Income Premium ETF

The FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, aiming to provide income and, secondarily, long-term capital appreciation. The fund employs a proprietary model to invest in a diversified portfolio of fixed-income sector ETFs across varying maturities and credit qualities, with an options overlay strategy to enhance income. FIXP was launched on Jan 22, 2025 and is issued by FolioBeyond.