SoFi Adds New Weekly Dividend ETF to Roster, 'WKLY'

On Tuesday, SoFi announced the launch of the
SoFi Weekly Dividend ETF (NYSE: WKLY), the first equity ETF designed to provide a weekly dividend payment to shareholders. WKLY joins a SoFi ETF family that includes the 
SoFi Weekly Income ETF (NYSE: TGIF), which launched in 2020 and was the first fixed income ETF to offer a weekly distribution to fund shareholders.
WKLY seeks to track the performance of the SoFi Sustainable Dividend Index, which is made up of large- and mid-cap companies in both the U.S. and developed international markets that meet a robust set of sustainable dividend filters. Securities selected for the index have maintained their dividend payments over the last 12 months, been forecasted to continue to pay over the next 12 months, and have met many additional screens designed to remove companies at risk of reducing their dividend payouts. The fund plans to distribute income from its investments to shareholders every Thursday.

Related Keywords

Anthony Noto ,Sofi Etfs , ,Sofi Weekly Dividend ,Sofi Weekly Income ,Sofi Sustainable Dividend Index ,Toroso Investments ,Sofi Gig Economy ,Sofi Social ,Sofi Invest ,Sofi Select ,Sofi Next ,Etf ,Tfs ,Xchange Traded Funds ,Money ,Stock Market ,Bige ,Yse ,Fy ,Fyf ,Afyx ,அந்தோணி நோடோ ,சோஃபி வாராந்திர வருமானம் ,சோஃபி கிக் பொருளாதாரம் ,சோஃபி சமூக ,சோஃபி முதலீடு ,சோஃபி தேர்ந்தெடுக்கவும் ,சோஃபி அடுத்தது ,எட்டப் ,தப்ஸ் ,ஒன்று ,ஐஜ் ,ஃபை ,