Akros Monthly Payout ETF to Issue Dividend of $0.15 (NYSEARCA:MPAY)

Akros Monthly Payout ETF (NYSEARCA:MPAY) announced a dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 4th will be paid a dividend of 0.1487 per share on Wednesday, March 5th. The ex-dividend date is Tuesday, March 4th.

Akros Monthly Payout ETF Stock Down 0.9 %

Shares of MPAY stock traded down $0.23 during mid-day trading on Tuesday, reaching $25.02. 730 shares of the company’s stock traded hands, compared to its average volume of 1,503. The company’s 50-day moving average price is $25.97 and its 200-day moving average price is $25.78. The company has a market cap of $2.75 million, a P/E ratio of 30.71 and a beta of 0.57. Akros Monthly Payout ETF has a 12 month low of $22.98 and a 12 month high of $26.65.

About Akros Monthly Payout ETF

The Akros Monthly Payout ETF (MPAY) is an exchange-traded fund that is based on the Akros Multi-Asset index. The fund is a passively managed, fund-of-funds representing a balanced portfolio of global equities, fixed income securities, and alternative investments which aims to provide monthly distributions.