iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) Announces Dividend Increase – $0.05 Per Share

iShares U.S. Industry Rotation Active ETF (NASDAQ:INRO) announced a quarterly dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0543 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 35.6% increase from iShares U.S. Industry Rotation Active ETF’s previous quarterly dividend of $0.04.

iShares U.S. Industry Rotation Active ETF Price Performance

Shares of INRO opened at $36.40 on Tuesday. The company has a 50-day moving average of $36.44 and a two-hundred day moving average of $34.80. The stock has a market cap of $72.76 million, a price-to-earnings ratio of 26.96 and a beta of 1.07. iShares U.S. Industry Rotation Active ETF has a one year low of $29.63 and a one year high of $37.44.

About iShares U.S. Industry Rotation Active ETF

The BlackRock U.S. Industry Rotation ETF (INRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks to provide long-term capital appreciation through an actively managed portfolio of US equities. The portfolio rotates towards industries that BlackRock believes are best positioned for outperformance INRO was launched on Mar 26, 2024 and is issued by BlackRock.