Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) to Issue $0.33 Monthly Dividend

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.3268 per share on Monday, April 7th. This represents a $3.92 dividend on an annualized basis and a yield of 8.44%. The ex-dividend date is Tuesday, April 1st.

Goldman Sachs S&P 500 Core Premium Income ETF Price Performance

Shares of NASDAQ:GPIX traded down $0.17 on Tuesday, reaching $46.44. 493,485 shares of the company traded hands, compared to its average volume of 94,883. The stock has a market capitalization of $404.03 million, a PE ratio of 25.05 and a beta of 0.82. The company’s 50 day moving average is $48.90 and its 200-day moving average is $49.31. Goldman Sachs S&P 500 Core Premium Income ETF has a fifty-two week low of $44.06 and a fifty-two week high of $50.84.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.