Barclays ETN+ FI Enhanced Global High Yield ETN B (NYSEARCA:FIYY) Plans Dividend Increase – $0.02 Per Share

Barclays ETN+ FI Enhanced Global High Yield ETN B (NYSEARCA:FIYY) announced a dividend on Thursday, June 25th, NASDAQ Dividends reports. Stockholders of record on Friday, June 26th will be paid a dividend of 0.024 per share on Tuesday, June 30th. The ex-dividend date is Friday, June 26th. This is a 1.4% 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 Performance

FIYY stock traded down $0.02 during midday trading on Friday, reaching $24.54. 7 shares of the company’s stock traded hands, compared to its average volume of 125. The firm’s fifty day moving average price is $43.50 and its 200-day moving average price is $82.22. Barclays ETN+ FI Enhanced Global High Yield ETN B has a 52 week low of $24.41 and a 52 week 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.