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

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

NYLI U.S. Large Cap R&D Leaders ETF Trading Down 0.3%

NASDAQ:LRND opened at $41.10 on Tuesday. The firm has a market capitalization of $9.04 million, a price-to-earnings ratio of 23.74 and a beta of 1.06. 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 business’s fifty day moving average price is $40.69 and its 200 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.