Parametric Equity Premium Income ETF (PAPI) to Issue Dividend of $0.14 on February 6th

Parametric Equity Premium Income ETF (NYSEARCA:PAPI) announced a dividend on Thursday, January 30th,NASDAQ Dividends reports. Shareholders of record on Friday, January 31st will be paid a dividend of 0.1386 per share on Thursday, February 6th. The ex-dividend date of this dividend is Friday, January 31st. This is a positive change from Parametric Equity Premium Income ETF’s previous dividend of $0.12.

Parametric Equity Premium Income ETF Stock Performance

NYSEARCA PAPI opened at $26.57 on Friday. The firm has a market cap of $29.23 million, a price-to-earnings ratio of 15.35 and a beta of 0.41. The firm has a 50 day simple moving average of $26.85 and a 200-day simple moving average of $26.99. Parametric Equity Premium Income ETF has a one year low of $25.10 and a one year high of $28.46.

About Parametric Equity Premium Income ETF

The Parametric Equity Premium Income ETF (PAPI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in a broad equity portfolio of US dividend payers, while utilizing a laddered, naked call writing strategy on the S&P 500. The fund seeks to provide monthly income and capital appreciation.