LeaderShares Dynamic Yield ETF (NYSEARCA:DYLD) announced a monthly dividend increase on January 26, 2023, declaring a payment of $0.1254 per share for investors of record as of January 27, 2023. This dividend will be paid out on February 2, 2023, reflecting an annualized yield of 6.6%. The announcement marks an 8.4% increase from the previous monthly dividend of $0.12.
Market activity surrounding the fund has shown positive momentum. On January 26, shares of DYLD rose by $0.01 during midday trading, reaching $22.69. A total of 757 shares were traded, a figure notably lower than the average volume of 5,659 shares.
Stock Performance and Trends
The stock’s performance can be assessed through its moving averages. DYLD has a fifty-day moving average of $22.65 and a two-hundred-day moving average of $22.68. Over the past year, the ETF’s stock has fluctuated, with a low of $21.86 and a high of $22.92. These figures indicate a relatively stable performance in a competitive market.
Investors and analysts will be closely monitoring future dividend announcements and stock performance as the market evolves. With a consistent record of dividend payments, LeaderShares Dynamic Yield ETF continues to attract attention from income-seeking investors.
