VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Announces Dividend Increase – $0.16 Per Share

VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGLGet Free Report) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Investors of record on Tuesday, April 1st will be given a dividend of 0.1578 per share on Friday, April 4th. This represents a $1.89 annualized dividend and a yield of 6.59%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 0.6% increase from VanEck Fallen Angel High Yield Bond ETF’s previous monthly dividend of $0.16.

VanEck Fallen Angel High Yield Bond ETF Stock Performance

VanEck Fallen Angel High Yield Bond ETF stock traded down $0.12 during trading hours on Tuesday, hitting $28.74. The company had a trading volume of 459,568 shares, compared to its average volume of 924,958. The firm has a market cap of $2.98 billion, a P/E ratio of 60.45 and a beta of 0.52. The company has a 50-day moving average price of $28.95 and a two-hundred day moving average price of $28.99. VanEck Fallen Angel High Yield Bond ETF has a 1 year low of $26.98 and a 1 year high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Company Profile

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The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.

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Dividend History for VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL)

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