GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) to Issue $1.54 Monthly Dividend

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) announced a monthly dividend on Thursday, March 27th, NASDAQ Dividends reports. Shareholders of record on Friday, March 28th will be paid a dividend of 1.5385 per share on Tuesday, April 1st. This represents a $18.46 dividend on an annualized basis and a yield of 133.98%. The ex-dividend date of this dividend is Friday, March 28th.

GraniteShares Yieldboost TSLA ETF Stock Down 9.8 %

Shares of NASDAQ:TSYY traded down $1.49 during midday trading on Friday, hitting $13.78. 24,671 shares of the stock were exchanged, compared to its average volume of 8,288. GraniteShares Yieldboost TSLA ETF has a twelve month low of $13.67 and a twelve month high of $26.15. The firm has a 50 day simple moving average of $21.27.

GraniteShares Yieldboost TSLA ETF Company Profile

The GraniteShares YieldBOOST TSLA ETF (TSYY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed seeking current income and the daily 2x leverage of the price performance of Tesla Inc (TSLA). The fund sells put options to generate income and holds other ETFs that pursue the leveraged exposure to TSLA.