Akros Monthly Payout ETF (NYSEARCA:MPAY) Announces Dividend of $0.15

Akros Monthly Payout ETF (NYSEARCA:MPAY) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Tuesday, December 3rd will be given a dividend of 0.1516 per share on Wednesday, December 4th. The ex-dividend date of this dividend is Tuesday, December 3rd. This is a boost from Akros Monthly Payout ETF’s previous dividend of $0.15.

Akros Monthly Payout ETF Stock Up 0.3 %

Shares of MPAY stock opened at $25.96 on Wednesday. Akros Monthly Payout ETF has a 12-month low of $22.15 and a 12-month high of $26.10. The firm has a fifty day moving average of $25.74 and a 200-day moving average of $25.27. The firm has a market capitalization of $2.08 million, a price-to-earnings ratio of 32.50 and a beta of 0.71.

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.