NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) Declares Dividend Increase – $0.08 Per Share

NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) announced a quarterly dividend on Monday, September 29th. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.0806 per share on Monday, October 6th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 30th. This is a 0.4% increase from NYLI U.S. Large Cap R&D Leaders ETF’s previous quarterly dividend of $0.08.

NYLI U.S. Large Cap R&D Leaders ETF Stock Up 0.3%

NYLI U.S. Large Cap R&D Leaders ETF stock opened at $39.72 on Wednesday. NYLI U.S. Large Cap R&D Leaders ETF has a 52-week low of $28.22 and a 52-week high of $40.27. The firm has a fifty day moving average of $38.18 and a 200-day moving average of $35.08. The firm has a market capitalization of $7.94 million, a P/E ratio of 23.74 and a beta of 1.07.

NYLI U.S. Large Cap R&D Leaders ETF Company Profile

The IQ U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the IQ U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is managed by IndexIQ.