Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Raises Dividend to $0.07 Per Share

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.0657 per share on Friday, October 2nd. This represents a $0.26 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, September 30th. This is a 37.7% increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.0477.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

NYSEARCA:RFLR opened at $31.43 on Wednesday. Innovator U.S. Small Cap Managed Floor ETF has a 1 year low of $26.70 and a 1 year high of $35.17. The stock has a market cap of $92.72 million, a price-to-earnings ratio of 15.96 and a beta of 0.59. The business has a fifty day moving average of $32.51 and a 200-day moving average of $31.30.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.