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. Investors of record on Tuesday, September 1st will be paid 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 of this dividend 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 Stock Performance

Shares of NASDAQ BRHY traded down $0.42 during midday trading on Tuesday, reaching $50.67. 9,592 shares of the stock were exchanged, compared to its average volume of 17,464. iShares High Yield Active ETF has a twelve month low of $49.88 and a twelve month high of $53.16. The stock has a market capitalization of $136.81 million, a P/E ratio of 14.81 and a beta of 0.21. The company has a 50 day simple moving average of $50.96 and a 200 day simple moving average of $50.93.

About iShares High Yield Active ETF

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.