NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) Declares Quarterly Dividend of $0.05

NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRNDGet Free Report) announced a quarterly dividend on Monday, June 29th, NASDAQ Dividends reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.0456 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 19.1% increase from NYLI U.S. Large Cap R&D Leaders ETF’s previous quarterly dividend of $0.04.

NYLI U.S. Large Cap R&D Leaders ETF Price Performance

NASDAQ:LRND traded up $0.59 during trading hours on Tuesday, hitting $44.11. The company had a trading volume of 2,275 shares, compared to its average volume of 56,042. The stock has a 50-day moving average price of $43.81 and a 200 day moving average price of $41.14. The company has a market capitalization of $299.95 million, a PE ratio of 23.74 and a beta of 1.10. NYLI U.S. Large Cap R&D Leaders ETF has a 52 week low of $35.87 and a 52 week high of $46.16.

NYLI U.S. Large Cap R&D Leaders ETF Company Profile

(Get Free Report)

The IQ U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the IQ U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is managed by IndexIQ.

Further Reading

Dividend History for NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND)

Receive News & Ratings for NYLI U.S. Large Cap R&D Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLI U.S. Large Cap R&D Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.