ALPS Electrification Infrastructure ETF (NASDAQ:ELFY) Declares Dividend Increase – $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) annualized dividend and a dividend yield of 1.0%. The ex-dividend date 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 Up 1.7%

Shares of NASDAQ:ELFY traded up $0.75 during midday trading on Thursday, hitting $44.79. The stock had a trading volume of 50,727 shares, compared to its average volume of 40,047. The company has a market cap of $185.43 million, a P/E ratio of 21.95 and a beta of 0.87. ALPS Electrification Infrastructure ETF has a 12 month low of $30.75 and a 12 month high of $45.92. The business’s 50-day simple moving average is $43.44 and its 200-day simple moving average is $40.06.

About ALPS Electrification Infrastructure ETF

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.