Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) to Issue Dividend Increase – $0.80 Per Share

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be paid a dividend of 0.8045 per share on Wednesday, April 2nd. This represents a $9.65 dividend on an annualized basis and a dividend yield of 81.13%. The ex-dividend date is Tuesday, April 1st. This is a 2.7% increase from Defiance Oil Enhanced Options Income ETF’s previous monthly dividend of $0.78.

Defiance Oil Enhanced Options Income ETF Price Performance

Shares of USOY traded down $0.77 during mid-day trading on Tuesday, reaching $11.90. The company’s stock had a trading volume of 110,994 shares, compared to its average volume of 69,970. Defiance Oil Enhanced Options Income ETF has a 1 year low of $11.75 and a 1 year high of $20.47. The business has a fifty day moving average of $13.12 and a 200 day moving average of $14.18.

About Defiance Oil Enhanced Options Income ETF

The Defiance Oil Enhanced Options Income ETF (USOY) is an exchange-traded fund that mostly invests in crude oil commodities. The fund is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil.