iShares India 50 ETF (NASDAQ:INDY) declared a Semi-Annual dividend on Wednesday, June 9th, Zacks reports. Shareholders of record on Friday, June 11th will be paid a dividend of 0.007 per share on Wednesday, June 16th. The ex-dividend date of this dividend is Thursday, June 10th.
NASDAQ INDY opened at $47.54 on Friday. The stock’s fifty day moving average is $44.81. iShares India 50 ETF has a 52-week low of $28.38 and a 52-week high of $47.72.
A hedge fund recently bought a new stake in iShares India 50 ETF stock. OLD Mission Capital LLC purchased a new position in iShares India 50 ETF (NASDAQ:INDY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,720 shares of the company’s stock, valued at approximately $582,000. OLD Mission Capital LLC owned about 0.11% of iShares India 50 ETF as of its most recent SEC filing.
iShares India 50 ETF, formerly iShares S&P India Nifty 50 Index Fund, seeks investment results that correspond generally to the price and yield performance of the S&P CNX Nifty Index (the Index). The Index measures the equity performance of the top 50 companies by market capitalization that trade in the Indian market.
Further Reading: Monthly Dividend Stocks
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