Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) Announces Dividend Increase – $0.38 Per Share

Overlay Shares Large Cap Equity ETF (NYSEARCA:OVL) announced a dividend on Wednesday, October 2nd, NASDAQ reports. Shareholders of record on Thursday, October 3rd will be given a dividend of 0.3758 per share on Friday, October 4th. The ex-dividend date is Thursday, October 3rd. This is a positive change from Overlay Shares Large Cap Equity ETF’s previous dividend of $0.32.

Overlay Shares Large Cap Equity ETF Trading Down 1.1 %

NYSEARCA OVL traded down $0.51 during trading on Thursday, reaching $45.53. The company’s stock had a trading volume of 2,240 shares, compared to its average volume of 50,435. The stock has a market capitalization of $173.01 million, a PE ratio of 25.46 and a beta of 1.18. The business has a 50-day moving average price of $44.40 and a 200-day moving average price of $43.21. Overlay Shares Large Cap Equity ETF has a 1-year low of $31.73 and a 1-year high of $46.48.

About Overlay Shares Large Cap Equity ETF

The Overlay Shares Large Cap Equity ETF (OVL) is an exchange-traded fund that is based on the S&P 500 index. The fund is actively managed to provide exposure to large cap U.S. equities combined with a put spread option overlay strategy. OVL was launched on Sep 30, 2019 and is managed by Overlay Shares.