FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) to Issue Monthly Dividend of $0.18 on January 30th

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) declared a monthly dividend on Wednesday, January 28th. Stockholders of record on Thursday, January 29th will be given a dividend of 0.18 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Thursday, January 29th. This is a 7.7% increase from FolioBeyond Alternative Income and Interest Rate Hedge ETF’s previous monthly dividend of $0.17.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

Shares of RISR stock opened at $35.76 on Friday. The firm has a fifty day simple moving average of $36.01 and a 200-day simple moving average of $36.26. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a twelve month low of $35.45 and a twelve month high of $39.44.

About FolioBeyond Alternative Income and Interest Rate Hedge ETF

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.