GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) announced a monthly dividend on Wednesday, May 15th, Wall Street Journal reports. Stockholders of record on Thursday, May 16th will be paid a dividend of 0.1075 per share on Friday, May 17th. This represents a $1.29 annualized dividend and a dividend yield of 7.62%. The ex-dividend date is Wednesday, May 15th.
Shares of HIPS stock traded down $0.03 during trading hours on Wednesday, hitting $16.92. The stock had a trading volume of 1,633 shares, compared to its average volume of 3,595. GraniteShares HIPS US High Income ETF has a one year low of $14.37 and a one year high of $18.33.
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