Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Plans $0.08 Monthly Dividend

Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) announced a monthly dividend on Monday, December 29th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.08 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Wednesday, December 31st.

Innovator S&P Investment Grade Preferred ETF Price Performance

Shares of BATS:EPRF traded down $0.16 during midday trading on Wednesday, hitting $17.61. 15,097 shares of the stock were exchanged, compared to its average volume of 15,031. Innovator S&P Investment Grade Preferred ETF has a 52-week low of $16.71 and a 52-week high of $19.98. The business’s fifty day simple moving average is $17.80 and its two-hundred day simple moving average is $17.98.

About Innovator S&P Investment Grade Preferred ETF

The Innovator S&P Investment Grade Preferred ETF (EPRF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of U.S.-listed, investment grade, fixed-rate preferred issues, with a modified equal weighting. EPRF was launched on May 24, 2016 and is managed by Innovator.