VanEck Fallen Angel High Yield Bond ETF (ANGL) to Issue Monthly Dividend of $0.17 on July 7th

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.171 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 11.4% increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.15.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

ANGL opened at $29.11 on Thursday. The company has a fifty day moving average price of $29.11 and a two-hundred day moving average price of $29.24. The firm has a market capitalization of $3.05 billion, a PE ratio of 59.37 and a beta of 0.43. VanEck Fallen Angel High Yield Bond ETF has a 52 week low of $28.35 and a 52 week high of $29.77.

About VanEck Fallen Angel High Yield Bond ETF

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.