Amplify Samsung SOFR ETF (NYSEARCA:SOFR) to Issue Dividend of $0.34

Amplify Samsung SOFR ETF (NYSEARCA:SOFR) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Investors of record on Thursday, February 27th will be given a dividend of 0.3432 per share on Friday, February 28th. The ex-dividend date is Thursday, February 27th.

Amplify Samsung SOFR ETF Price Performance

Shares of NYSEARCA SOFR traded down $0.33 on Thursday, hitting $100.18. The company’s stock had a trading volume of 2,514 shares, compared to its average volume of 7,045. The company has a 50 day simple moving average of $100.38. Amplify Samsung SOFR ETF has a 12-month low of $100.10 and a 12-month high of $100.69.

About Amplify Samsung SOFR ETF

The Amplify Samsung SOFR ETF (SOFR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, focusing mainly on repurchase agreements (repo) with the intent to mirror the Secured Overnight Financing Rate. The fund seeks to generate higher monthly income over cash portfolios while limiting yield curve exposure.