Monarch Dividend Plus Index ETF Announces Quarterly Dividend of $0.0847 per Share
The Monarch Dividend Plus Index ETF (MDPL) has declared a quarterly dividend of $0.0847 per share, payable on September 29 to shareholders of record as of September 24. The ex-dividend date is also set for September 24. This announcement provides investors with an update on the fund's consistent income generation strategy and reinforces its appeal among dividend-focused portfolios. As a passive ETF tracking a specific index, MDPL aims to deliver regular returns through dividends from its underlying holdings in high-yield equities. The declaration aligns with market expectations for stable yield-generating assets amid fluctuating interest rates.
