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  • Horizons Enhanced Income Equity ETF (TSE:HEX) Announces Monthly Dividend of $0.05

Horizons Enhanced Income Equity ETF (TSE:HEX) Announces Monthly Dividend of $0.05

By on May 28, 2022 0

Horizons Income Enhanced Equity ETF (EAST: HEXGet a rating) announced a monthly dividend on Monday, May 30, TickerTech reports. Investors of record on Friday June 10 will receive a dividend of 0.0542 per share on Friday June 10. This represents a dividend of $0.65 on an annualized basis and a yield of 9.19%. The ex-dividend date is Monday, May 30.

Shares of Horizons Enhanced Income Equity ETF Shares opened at C$7.08 on Friday. The company has a fifty-day moving average price of C$7.12 and a 200-day moving average price of C$7.09. Horizons Enhanced Income Equity ETF has a 12-month low of C$6.41 and a 12-month high of C$7.74.

Horizons Income Enhanced Equity ETF (EAST: HEXGet a rating) last announced its quarterly results on Thursday, March 17. The company reported earnings per share of C ($0.16) for the quarter, missing analyst consensus estimates of C ($0.09) by C ($0.07). The company posted revenue of C$52.76 million for the quarter, compared to analysts’ expectations of C$63.34 million.

Separately, Atb Cap Markets upgraded shares of the Horizons Enhanced Income Equity ETF from an “underperforming” rating to an “sector performing” rating in a Thursday, March 3, research report.

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