iShares High Yield Active ETF (NASDAQ:BRHY) Announces Dividend Increase – $0.27 Per Share

iShares High Yield Active ETF (NASDAQ:BRHY) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be paid a dividend of 0.2716 per share on Tuesday, April 7th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Wednesday, April 1st. This is a 1.9% increase from iShares High Yield Active ETF’s previous monthly dividend of $0.27.

iShares High Yield Active ETF Trading Down 0.3%

BRHY traded down $0.13 during trading hours on Wednesday, hitting $50.34. The company’s stock had a trading volume of 4,809 shares, compared to its average volume of 11,478. The stock has a market cap of $98.16 million, a price-to-earnings ratio of 14.81 and a beta of 0.24. The business’s 50-day moving average price is $51.11 and its 200-day moving average price is $51.58. iShares High Yield Active ETF has a 12 month low of $48.27 and a 12 month high of $52.64.

iShares High Yield Active ETF Company Profile

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.