BNY Mellon High Yield ETF (NYSEARCA:BKHY) Increases Dividend to $0.28 Per Share

BNY Mellon High Yield ETF (NYSEARCA:BKHY) declared a monthly dividend on Wednesday, September 30th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.2825 per share on Tuesday, October 6th. This represents a $3.39 annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, October 1st. This is a 10.0% increase from BNY Mellon High Yield ETF’s previous monthly dividend of $0.2569.

BNY Mellon High Yield ETF Price Performance

NYSEARCA:BKHY opened at $45.84 on Thursday. BNY Mellon High Yield ETF has a 1 year low of $45.83 and a 1 year high of $48.73. The stock has a 50-day moving average price of $46.99 and a two-hundred day moving average price of $47.30.

BNY Mellon High Yield ETF Company Profile

The BNY Mellon High Yield Beta ETF (BKHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated high yield corporate bonds with broad maturities. BKHY was launched on Apr 24, 2020 and is managed by BNY Mellon.