iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Raises Dividend to $0.06 Per Share

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) announced a quarterly dividend on Monday, December 15th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 16th will be paid a dividend of 0.0644 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a 15.4% increase from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.06.

iShares U.S. Industry Rotation Active ETF Trading Down 0.3%

Shares of NASDAQ:INRO traded down $0.09 during trading on Tuesday, reaching $31.98. 2,288 shares of the stock were exchanged, compared to its average volume of 5,642. iShares U.S. Industry Rotation Active ETF has a 12 month low of $22.67 and a 12 month high of $32.60. The stock has a 50-day moving average price of $31.89 and a 200-day moving average price of $30.52. The firm has a market cap of $31.34 million, a PE ratio of 26.96 and a beta of 1.07.

About iShares U.S. Industry Rotation Active ETF

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.