iShares High Yield Active ETF (NASDAQ:BRHY) Increases Dividend to $0.27 Per Share

iShares High Yield Active ETF (NASDAQ:BRHY) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders 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 dividend 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%

Shares of BRHY traded down $0.13 during midday trading on Wednesday, reaching $50.34. 4,809 shares of the stock were exchanged, compared to its average volume of 11,478. iShares High Yield Active ETF has a 52 week low of $48.27 and a 52 week high of $52.64. The company’s 50 day moving average is $51.11 and its two-hundred day moving average is $51.58. The company has a market capitalization of $98.16 million, a P/E ratio of 14.81 and a beta of 0.24.

About iShares High Yield Active ETF

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.