iShares India 50 ETF (NASDAQ:INDY) Plans Dividend of $4.00

iShares India 50 ETF (NASDAQ:INDY) declared a dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be paid a dividend of 3.9951 per share on Friday, December 19th. This represents a dividend yield of 1,528.0%. The ex-dividend date is Tuesday, December 16th.

iShares India 50 ETF Trading Down 0.1%

INDY opened at $52.28 on Tuesday. The company has a market cap of $677.03 million, a P/E ratio of 23.21 and a beta of 0.45. The business’s 50-day moving average price is $52.99 and its 200-day moving average price is $52.70. iShares India 50 ETF has a 12 month low of $46.93 and a 12 month high of $54.87.

iShares India 50 ETF Company Profile

iShares India 50 ETF, formerly iShares S&P India Nifty 50 Index Fund, seeks investment results that correspond generally to the price and yield performance of the S&P CNX Nifty Index (the Index). The Index measures the equity performance of the top 50 companies by market capitalization that trade in the Indian market.