NYLI U.S. Large Cap R&D Leaders ETF (LRND) To Go Ex-Dividend on June 30th

NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) declared a quarterly dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.0456 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, June 30th. This is a 19.1% increase from NYLI U.S. Large Cap R&D Leaders ETF’s previous quarterly dividend of $0.04.

NYLI U.S. Large Cap R&D Leaders ETF Price Performance

Shares of NYLI U.S. Large Cap R&D Leaders ETF stock opened at $44.11 on Wednesday. The stock’s 50 day simple moving average is $43.85 and its 200-day simple moving average is $41.16. The stock has a market cap of $299.95 million, a P/E ratio of 23.74 and a beta of 1.10. NYLI U.S. Large Cap R&D Leaders ETF has a 1-year low of $35.87 and a 1-year high of $46.16.

About NYLI U.S. Large Cap R&D Leaders ETF

The IQ U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the IQ U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is managed by IndexIQ.