Barclays ETN+ FI Enhanced Global High Yield ETN B (FIYY) to Issue Dividend of $0.02 on June 9th

Barclays ETN+ FI Enhanced Global High Yield ETN B (NYSEARCA:FIYY) announced a dividend on Thursday, June 4th, NASDAQ Dividends reports. Stockholders of record on Friday, June 5th will be given a dividend of 0.0242 per share on Tuesday, June 9th. The ex-dividend date is Friday, June 5th. This is a 5.3% increase from Barclays ETN+ FI Enhanced Global High Yield ETN B’s previous dividend of $0.02.

Barclays ETN+ FI Enhanced Global High Yield ETN B Stock Down 0.1%

NYSEARCA:FIYY opened at $24.50 on Friday. The firm’s 50-day moving average price is $65.54 and its 200-day moving average price is $90.07. Barclays ETN+ FI Enhanced Global High Yield ETN B has a 1-year low of $24.41 and a 1-year high of $25.10.

About Barclays ETN+ FI Enhanced Global High Yield ETN B

The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.