TappAlpha Announces Second Monthly Distribution for TappAlpha SPY Growth & Daily Income ETF (TSPY)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2024
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Source: Businesswire
Monthly Income Distribution Announcement: TappAlpha has announced a monthly income distribution of $0.27655 per share for its SPY Growth & Daily Income ETF (TSPY), with a distribution rate of 12.93% and a payable date of November 7, 2024.
Company Overview: Founded in 2023, TappAlpha aims to make investing accessible through innovative financial tools and education, focusing on portfolio diversification and risk management strategies.
Analyst Views on TSPY
Wall Street analysts forecast TSPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 25.490
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Current: 25.490
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
