ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Raises Dividend to $0.11 Per Share

ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) announced a quarterly dividend on Wednesday, June 17th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.1065 per share on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Thursday, June 18th. This is a 1.8% increase from ALPS Electrification Infrastructure ETF’s previous quarterly dividend of $0.10.

ALPS Electrification Infrastructure ETF Stock Performance

Shares of ELFY traded up $0.75 during mid-day trading on Thursday, reaching $44.79. The company had a trading volume of 50,727 shares, compared to its average volume of 40,047. The company has a market capitalization of $185.43 million, a price-to-earnings ratio of 21.95 and a beta of 0.87. The company’s 50 day simple moving average is $43.44 and its 200 day simple moving average is $40.06. ALPS Electrification Infrastructure ETF has a 1-year low of $30.75 and a 1-year high of $45.92.

ALPS Electrification Infrastructure ETF Company Profile

The ALPS Electrification Infrastructure ETF is an exchange-traded fund that seeks to provide investment results that correspond generally to the performance of the underlying index, which focuses on companies involved in the electrification infrastructure sector.