NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) to Issue Quarterly Dividend of $0.02

NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) announced a quarterly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.0221 per share on Monday, January 5th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, December 30th.

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

LRND opened at $41.10 on Tuesday. NYLI U.S. Large Cap R&D Leaders ETF has a 1 year low of $28.22 and a 1 year high of $41.88. The company has a market capitalization of $9.04 million, a price-to-earnings ratio of 23.74 and a beta of 1.06. The firm’s fifty day moving average price is $40.69 and its two-hundred day moving average price is $38.82.

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.