Fundstrat’s GRNI ETF sets a $0.173 per share dividend for June, targeting a near 10% annualized yield.
Fundstrat Granny Shots US Large Cap & Income ETF (GRNI) declared a $0.173 per share monthly dividend. The payment yields a 9.97% forward annualized rate, reflecting the fund’s income-focused strategy.
The dividend is payable on June 30 to shareholders of record as of June 29, with the ex-dividend date also set for June 29. The fund’s yield compares to lower averages in the broader large-cap income ETF space.
No immediate market reaction was disclosed following the announcement.