iShares High Yield Active ETF (NASDAQ:BRHY) to Issue Monthly Dividend of $0.27

iShares High Yield Active ETF (NASDAQ:BRHY) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.2723 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Tuesday, September 1st. This is a 1.0% increase from iShares High Yield Active ETF’s previous monthly dividend of $0.27.

iShares High Yield Active ETF Price Performance

Shares of BRHY stock traded down $0.42 during midday trading on Tuesday, reaching $50.67. 9,592 shares of the company traded hands, compared to its average volume of 17,464. The firm’s 50 day simple moving average is $50.96 and its two-hundred day simple moving average is $50.93. The firm has a market cap of $136.81 million, a PE ratio of 14.81 and a beta of 0.21. iShares High Yield Active ETF has a 1-year low of $49.88 and a 1-year high of $53.16.

iShares High Yield Active ETF Company Profile

The iShares High Yield Active ETF (BRHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks to maximize total return by actively managing a portfolio of high-yield corporate bonds with maturities of ten years or less. BRHY was launched on Jun 17, 2024 and is issued by BlackRock.