Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) Declares Dividend Increase – $0.34 Per Share

Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) declared a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Friday, August 2nd will be paid a dividend of 0.3376 per share on Thursday, August 8th. This represents a $4.05 dividend on an annualized basis and a yield of 8.80%. The ex-dividend date of this dividend is Friday, August 2nd. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Down 2.4 %

NASDAQ:GPIX traded down $1.11 during trading hours on Friday, hitting $46.05. The company had a trading volume of 76,821 shares, compared to its average volume of 41,008. Goldman Sachs S&P 500 Core Premium Income ETF has a 1 year low of $39.03 and a 1 year high of $49.11. The company has a 50-day moving average of $47.34 and a 200 day moving average of $46.29. The company has a market cap of $179.60 million, a P/E ratio of 24.02 and a beta of 0.82.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.