Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Declares Dividend Increase – $0.80 Per Share

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be paid a dividend of 0.8045 per share on Wednesday, April 2nd. This represents a $9.65 dividend on an annualized basis and a dividend yield of 81.13%. The ex-dividend date is Tuesday, April 1st. This is a 2.7% increase from Defiance Oil Enhanced Options Income ETF’s previous monthly dividend of $0.78.

Defiance Oil Enhanced Options Income ETF Price Performance

Defiance Oil Enhanced Options Income ETF stock traded down $0.77 during midday trading on Tuesday, reaching $11.90. The stock had a trading volume of 110,994 shares, compared to its average volume of 69,970. The stock’s 50-day simple moving average is $13.12 and its 200 day simple moving average is $14.18. Defiance Oil Enhanced Options Income ETF has a twelve month low of $11.75 and a twelve month high of $20.47.

About Defiance Oil Enhanced Options Income ETF

The Defiance Oil Enhanced Options Income ETF (USOY) is an exchange-traded fund that mostly invests in crude oil commodities. The fund is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil.