T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) to Issue $0.27 Monthly Dividend

T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) announced a monthly dividend on Monday, January 26th. Stockholders of record on Tuesday, January 27th will be paid a dividend of 0.2743 per share on Thursday, January 29th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Tuesday, January 27th.

T. Rowe Price Floating Rate ETF Price Performance

Shares of TFLR stock traded down $0.25 during mid-day trading on Tuesday, reaching $51.33. The stock had a trading volume of 7,882 shares, compared to its average volume of 74,365. T. Rowe Price Floating Rate ETF has a 52-week low of $48.65 and a 52-week high of $52.17. The stock’s 50-day moving average price is $51.48 and its two-hundred day moving average price is $51.52.

T. Rowe Price Floating Rate ETF Company Profile

The T. Rowe Price Floating Rate ETF (TFLR) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on high yield fixed income. TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans TFLR was launched on Nov 16, 2022 and is managed by T. Rowe Price.