Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Announces Quarterly Dividend of $0.06

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) declared a quarterly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.0626 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 24.8% increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.05.

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

RFLR stock traded down $0.13 during trading on Wednesday, hitting $28.55. 695 shares of the company traded hands, compared to its average volume of 8,765. The firm has a market capitalization of $32.83 million, a PE ratio of 15.96 and a beta of 1.29. Innovator U.S. Small Cap Managed Floor ETF has a 1 year low of $23.03 and a 1 year high of $31.45. The company has a 50-day moving average of $28.33 and a 200-day moving average of $27.22.

About Innovator U.S. Small Cap Managed Floor ETF

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.