AXS Astoria Real Assets ETF (NASDAQ:PPI) Raises Dividend to $0.06 Per Share

AXS Astoria Real Assets ETF (NASDAQ:PPI) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 25th will be given a dividend of 0.0571 per share on Friday, June 27th. This represents a $0.23 annualized dividend and a dividend yield of 1.42%. The ex-dividend date is Wednesday, June 25th. This is a 45.1% increase from AXS Astoria Real Assets ETF’s previous quarterly dividend of $0.04.

AXS Astoria Real Assets ETF Price Performance

PPI stock opened at $16.04 on Thursday. The stock has a market capitalization of $55.18 million, a P/E ratio of 17.44 and a beta of 0.99. AXS Astoria Real Assets ETF has a fifty-two week low of $12.47 and a fifty-two week high of $16.22. The business has a 50-day moving average of $15.28 and a 200-day moving average of $14.91.

About AXS Astoria Real Assets ETF

The Investment Managers Series Trust II AXS Astoria Real Assets ETF (PPI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund seeking long-term capital appreciation by holding real asset-like investments expected to benefit from rising costs of goods and services.