BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) Raises Dividend to $0.31 Per Share

BNY Mellon High Yield Beta ETF (NYSEARCA:BKHY) declared a dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.3081 per share on Tuesday, August 6th. The ex-dividend date is Thursday, August 1st. This is a boost from BNY Mellon High Yield Beta ETF’s previous dividend of $0.27.

BNY Mellon High Yield Beta ETF Price Performance

Shares of BKHY stock traded down $0.09 during midday trading on Thursday, reaching $47.59. 24,031 shares of the company traded hands, compared to its average volume of 32,126. The firm’s 50 day simple moving average is $47.36 and its two-hundred day simple moving average is $47.26. BNY Mellon High Yield Beta ETF has a 1-year low of $44.04 and a 1-year high of $48.51.

BNY Mellon High Yield Beta ETF Company Profile

The BNY Mellon High Yield Beta ETF (BKHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of USD-denominated high yield corporate bonds with broad maturities. BKHY was launched on Apr 24, 2020 and is managed by BNY Mellon.