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

Horizons Enhanced Income Equity ETF (TSE:HEXGet Rating) declared a monthly dividend on Monday, May 30th, TickerTech reports. Shareholders of record on Friday, June 10th will be given a dividend of 0.0542 per share on Friday, June 10th. This represents a $0.65 annualized dividend and a yield of 9.19%. The ex-dividend date of this dividend is Monday, May 30th.

Shares of HEX stock opened at C$7.08 on Friday. Horizons Enhanced Income Equity ETF has a fifty-two week low of C$6.41 and a fifty-two week high of C$7.74. The stock’s 50-day simple moving average is C$7.12 and its 200-day simple moving average is C$7.09.

Horizons Enhanced Income Equity ETF (TSE:HEXGet Rating) last released its earnings results on Thursday, March 17th. The company reported C($0.16) EPS for the quarter, missing analysts’ consensus estimates of C($0.09) by C($0.07). The company had revenue of C$52.76 million during the quarter, compared to analysts’ expectations of C$63.34 million.

Separately, Atb Cap Markets raised Horizons Enhanced Income Equity ETF from an “underperform” rating to a “sector perform” rating in a report on Thursday, March 3rd.

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