Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) to Issue Dividend Increase – $0.24 Per Share

Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 25th will be given a dividend of 0.2403 per share on Monday, March 31st. The ex-dividend date is Tuesday, March 25th. This is a 3.4% increase from Columbia U.S. Equity Income ETF’s previous dividend of $0.23.

Columbia U.S. Equity Income ETF Price Performance

Shares of EQIN stock traded down $0.18 on Tuesday, reaching $45.50. 12,349 shares of the company were exchanged, compared to its average volume of 17,413. The company has a 50-day moving average of $45.80 and a 200-day moving average of $46.32. The company has a market cap of $147.88 million, a price-to-earnings ratio of 18.59 and a beta of 0.99. Columbia U.S. Equity Income ETF has a one year low of $43.38 and a one year high of $48.28.

Columbia U.S. Equity Income ETF Company Profile

The Columbia U.S. Equity Income ETF (EQIN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying US companies. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk. EQIN was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.