Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Announces Dividend of $0.17

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFLGet Free Report) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.17 per share on Thursday, March 27th. The ex-dividend date of this dividend is Wednesday, March 26th. This is a 22.7% increase from Horizon Kinetics Inflation Beneficiaries ETF’s previous dividend of $0.14.

Horizon Kinetics Inflation Beneficiaries ETF Stock Down 0.9 %

INFL traded down $0.36 during trading on Wednesday, hitting $41.14. The company’s stock had a trading volume of 196,467 shares, compared to its average volume of 130,068. The firm’s 50 day moving average price is $40.13 and its two-hundred day moving average price is $39.64. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 23.59 and a beta of 0.86. Horizon Kinetics Inflation Beneficiaries ETF has a 12 month low of $31.67 and a 12 month high of $43.13.

Horizon Kinetics Inflation Beneficiaries ETF Company Profile

(Get Free Report)

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.

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