GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS) Plans $0.11 Monthly Dividend

GraniteShares HIPS US High Income ETF (NYSEARCA:HIPSGet Free Report) announced a monthly dividend on Tuesday, January 27th. Investors of record on Wednesday, January 28th will be paid a dividend of 0.1075 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Wednesday, January 28th.

GraniteShares HIPS US High Income ETF Stock Performance

NYSEARCA:HIPS traded down $0.11 during trading on Wednesday, reaching $12.13. The company’s stock had a trading volume of 30,276 shares, compared to its average volume of 104,760. GraniteShares HIPS US High Income ETF has a 12 month low of $10.87 and a 12 month high of $13.38. The firm has a market cap of $100.68 million, a price-to-earnings ratio of 11.61 and a beta of 0.78. The firm has a 50 day moving average of $11.89 and a 200-day moving average of $11.95.

About GraniteShares HIPS US High Income ETF

(Get Free Report)

The GraniteShares HIPS US High Income ETF (HIPS) is an exchange-traded fund that is based on the TFMS HIPS index. The fund tracks an index of assets that tend to produce high income and pass through that income without being taxed at the constituent level. These include REITs, MLPs, BDCs and debt-based closed-end funds. HIPS was launched on Jan 6, 2015 and is managed by GraniteShares.

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Dividend History for GraniteShares HIPS US High Income ETF (NYSEARCA:HIPS)

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