Defiance Treasury Alternative Yield ETF (TRES) to Distribute Monthly Dividend of $0.17 on May 6th

Defiance Treasury Alternative Yield ETF (NASDAQ:TRES) announced a monthly dividend on Tuesday, April 30th, NASDAQ reports. Stockholders of record on Thursday, May 2nd will be given a dividend of 0.17 per share on Monday, May 6th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 11.80%. The ex-dividend date of this dividend is Wednesday, May 1st.

Defiance Treasury Alternative Yield ETF Stock Performance

TRES stock opened at $17.29 on Thursday. The firm has a market cap of $2.94 million, a PE ratio of -2,269.56 and a beta of -0.07. The stock’s 50 day moving average is $18.09. Defiance Treasury Alternative Yield ETF has a 1 year low of $17.28 and a 1 year high of $20.57.

Defiance Treasury Alternative Yield ETF Company Profile

The Defiance Treasury Alternative Yield ETF Defiance Treasury Alternative Yield ETF (TRES) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims for current income primarily driven through various option strategies targeting short-duration US Treasury exposure.