The IQ U.S. Large Cap R&D Leaders ETF (LRND) recently announced a dividend for its investors. Shareholders of record as of June 28th will receive a dividend of 0.0792 per share on July 3rd, with the ex-dividend date being June 28th.
In terms of price performance, the stock opened at $32.76 on Friday and has a 50-day moving average of $31.50. The two-hundred day moving average is $30.38, with a 1 year low of $24.01 and a high of $33.02. The market cap is $6.55 million, with a price-to-earnings ratio of 29.66 and a beta of 1.07.
The IQ U.S. Large Cap R&D Leaders ETF is an exchange-traded fund based on the IQ U.S. Large Cap R&D Leaders index. This fund tracks 100 large-cap US companies selected and weighted based on their recent one-year research and development spending. Managed by IndexIQ, LRND was launched on Feb 8, 2022.
DailyBubble’s perspective on this news is that investors should pay attention to the dividend announcement and consider the fund’s performance when making investment decisions. It is important to stay informed about the market trends and potential opportunities in the ETF sector.