Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Announces Dividend Increase – $0.35 Per Share

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Friday, January 3rd will be paid a dividend of 0.3496 per share on Friday, January 10th. This represents a $4.20 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, January 3rd. This is an increase from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.5 %

GPIX traded up $0.25 during trading hours on Friday, hitting $49.59. 149,228 shares of the company’s stock were exchanged, compared to its average volume of 137,064. The firm has a market cap of $362.01 million, a P/E ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 12-month low of $43.29 and a 12-month high of $50.82. The firm has a 50 day moving average of $49.97 and a 200 day moving average of $48.60.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.