WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) to Issue $0.30 Quarterly Dividend

WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) announced a quarterly dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.2978 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, December 18th.

WBI Power Factor High Dividend ETF Stock Up 0.4%

NYSEARCA:WBIY traded up $0.12 during trading hours on Thursday, hitting $32.58. 6,173 shares of the stock traded hands, compared to its average volume of 6,385. WBI Power Factor High Dividend ETF has a 1 year low of $25.37 and a 1 year high of $32.94. The company has a market cap of $57.34 million, a price-to-earnings ratio of 8.41 and a beta of 0.97. The stock has a 50 day moving average price of $31.21 and a 200 day moving average price of $30.86.

WBI Power Factor High Dividend ETF Company Profile

The WBI Power Factor High Dividend ETF (WBIY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 50 US firms selected for high forecasted dividend yield and strong fundamental factors. Holdings are weighted by forecasted dividend yield. WBIY was launched on Dec 19, 2016 and is managed by WBI Shares.