STF Tactical Growth ETF (NASDAQ:TUG) Plans Dividend Increase – $0.03 Per Share

STF Tactical Growth ETF (NASDAQ:TUG) announced a quarterly dividend on Wednesday, September 25th, NASDAQ reports. Investors of record on Thursday, September 26th will be given a dividend of 0.0261 per share on Friday, September 27th. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from STF Tactical Growth ETF’s previous quarterly dividend of $0.02.

STF Tactical Growth ETF Trading Up 0.7 %

Shares of NASDAQ TUG traded up $0.25 during midday trading on Thursday, reaching $33.57. The company had a trading volume of 12,530 shares, compared to its average volume of 21,416. The business’s 50-day simple moving average is $32.58 and its 200 day simple moving average is $32.61. The stock has a market cap of $190.68 million, a P/E ratio of 35.32 and a beta of -1.09. STF Tactical Growth ETF has a 1 year low of $25.51 and a 1 year high of $36.11.

STF Tactical Growth ETF Company Profile

The STF Tactical Growth ETF (TUG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital growth by allocating its exposure to US equity and fixed income securities based on proprietary signals. The fund is actively managed TUG was launched on May 19, 2022 and is managed by STF.