LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) has announced a monthly dividend of $0.13 per share, marking an increase from its previous dividend of $0.12. The announcement was made on January 26, 2025, with the record date set for January 27, 2025. Shareholders on record will receive the dividend payment on February 2, 2025. This increase reflects an annualized yield of 6.6%.
The ex-dividend date is also scheduled for January 27, 2025, meaning that investors must own the shares by this date to qualify for the upcoming dividend. The recent declaration signifies an 8.4% increase from the prior monthly dividend, demonstrating the ETF’s commitment to providing value to its investors.
Market Performance and Trading Activity
On the day of the announcement, shares of DYLD experienced a slight uptick, trading up by $0.01 to reach $22.69. During midday trading, 757 shares changed hands, which is lower than the average volume of 5,659 shares. The firm’s fifty-day moving average stands at $22.65, while its 200-day moving average is at $22.68. Over the past year, the ETF has seen a low of $21.86 and a high of $22.92, indicating a stable trading range.
Investors and analysts will be closely monitoring the ETF’s performance following this dividend announcement, as it may influence future investment decisions. The increase in dividends is often seen as a positive sign of a company’s financial health and stability.
This announcement reflects the ongoing efforts of LeaderShares to enhance shareholder value and maintain a competitive edge in the market. Investors interested in receiving the latest news and updates on LeaderShares Dynamic Yield ETF can subscribe to MarketBeat.com’s free daily email newsletter, which provides concise summaries of news and analysts’ ratings for the ETF and related companies.
