WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) Announces $0.30 Quarterly Dividend

WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) announced a quarterly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.2978 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, December 18th.

WBI Power Factor High Dividend ETF Stock Performance

Shares of NYSEARCA:WBIY traded up $0.12 during trading on Thursday, reaching $32.58. 6,173 shares of the stock were exchanged, compared to its average volume of 6,385. The firm’s 50-day moving average price is $31.21 and its 200 day moving average price is $30.86. The firm has a market cap of $57.34 million, a price-to-earnings ratio of 8.41 and a beta of 0.97. WBI Power Factor High Dividend ETF has a 12-month low of $25.37 and a 12-month high of $32.94.

WBI Power Factor High Dividend ETF Company Profile

The WBI Power Factor High Dividend ETF (WBIY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 50 US firms selected for high forecasted dividend yield and strong fundamental factors. Holdings are weighted by forecasted dividend yield. WBIY was launched on Dec 19, 2016 and is managed by WBI Shares.