SGI Enhanced Global Income ETF (NASDAQ:GINX) Raises Dividend to $0.20 Per Share

SGI Enhanced Global Income ETF (NASDAQ:GINX) declared a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.1984 per share on Friday, March 28th. This represents a $0.79 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, March 27th. This is a 436.3% increase from SGI Enhanced Global Income ETF’s previous quarterly dividend of $0.04.

SGI Enhanced Global Income ETF Price Performance

SGI Enhanced Global Income ETF stock traded down $0.18 during midday trading on Thursday, reaching $27.45. The company had a trading volume of 10,320 shares, compared to its average volume of 27,678. The firm’s fifty day simple moving average is $27.11 and its 200-day simple moving average is $26.75. SGI Enhanced Global Income ETF has a 12-month low of $24.22 and a 12-month high of $27.81. The company has a market capitalization of $83.72 million, a P/E ratio of 13.73 and a beta of 0.82.

About SGI Enhanced Global Income ETF

The SGI Global Enhanced Income ETF (GINX) is an exchange-traded fund that mostly invests in total market equity. The fund actively manages a portfolio of global companies while employing a put-and-call options strategy. The fund seeks to generate income from dividends and selling short-term options. GINX was launched on Feb 29, 2024 and is issued by Summit Global Investments.