Akros Monthly Payout ETF (MPAY) To Go Ex-Dividend on October 2nd

Akros Monthly Payout ETF (NYSEARCA:MPAY) announced a dividend on Tuesday, October 1st, NASDAQ reports. Stockholders of record on Wednesday, October 2nd will be paid a dividend of 0.1504 per share on Thursday, October 3rd. The ex-dividend date of this dividend is Wednesday, October 2nd. This is an increase from Akros Monthly Payout ETF’s previous dividend of $0.15.

Akros Monthly Payout ETF Stock Performance

Shares of NYSEARCA MPAY opened at $25.62 on Thursday. The firm’s 50 day moving average price is $25.12 and its 200 day moving average price is $24.70. The firm has a market cap of $2.05 million, a P/E ratio of 32.50 and a beta of 0.71. Akros Monthly Payout ETF has a 1 year low of $20.91 and a 1 year high of $26.10.

About Akros Monthly Payout ETF

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions.