iShares U.S. Power Infrastructure ETF (NYSEARCA:POWR) Raises Dividend to $0.08 Per Share

iShares U.S. Power Infrastructure ETF (NYSEARCA:POWRGet Free Report) announced a quarterly dividend on Monday, September 14th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0832 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 5.5% increase from iShares U.S. Power Infrastructure ETF’s previous quarterly dividend of $0.08.

iShares U.S. Power Infrastructure ETF Trading Down 3.1%

Shares of POWR opened at $24.84 on Tuesday. The firm has a market capitalization of $427.25 million, a P/E ratio of 177.43 and a beta of 0.46. iShares U.S. Power Infrastructure ETF has a 12-month low of $23.18 and a 12-month high of $28.44. The firm has a fifty day moving average price of $26.29 and a 200-day moving average price of $26.69.

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