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

Akros Monthly Payout ETF (NYSEARCA:MPAY) declared a dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 4th will be paid a dividend of 0.1487 per share on Wednesday, March 5th. The ex-dividend date of this dividend is Tuesday, March 4th.

Akros Monthly Payout ETF Price Performance

NYSEARCA MPAY traded down $0.23 during mid-day trading on Tuesday, reaching $25.02. The stock had a trading volume of 730 shares, compared to its average volume of 1,503. The stock has a market cap of $2.75 million, a PE ratio of 30.71 and a beta of 0.57. Akros Monthly Payout ETF has a 1 year low of $22.98 and a 1 year high of $26.65. The company has a fifty day moving average price of $25.97 and a 200 day moving average price of $25.78.

Akros Monthly Payout ETF Company Profile

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.