Timothy Plan Market Neutral ETF (NYSEARCA:TPMN) Declares Dividend Increase – $0.10 Per Share

Timothy Plan Market Neutral ETF (NYSEARCA:TPMN) declared a dividend on Tuesday, September 10th, NASDAQ reports. Shareholders of record on Wednesday, September 11th will be paid a dividend of 0.1038 per share on Thursday, September 12th. The ex-dividend date is Wednesday, September 11th. This is an increase from Timothy Plan Market Neutral ETF’s previous dividend of $0.04.

Timothy Plan Market Neutral ETF Stock Performance

Shares of TPMN traded down $0.07 during trading hours on Wednesday, hitting $23.70. 2,020 shares of the stock were exchanged, compared to its average volume of 7,061. Timothy Plan Market Neutral ETF has a 12-month low of $23.17 and a 12-month high of $26.43. The stock’s 50-day moving average price is $23.69 and its two-hundred day moving average price is $23.61. The company has a market cap of $41.00 million, a price-to-earnings ratio of 8.28 and a beta of 0.02.

Timothy Plan Market Neutral ETF Company Profile

The Timothy Plan Market Neutral ETF (TPMN) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund seeks to provide high current income by holding dividend-producing equities screened for biblically responsible investing (BRI) criteria. The actively managed fund utilizes a market neutral strategy on its equity portfolio by holding long and short positions in broad equity index futures.