InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) to Issue Dividend Increase – $0.19 Per Share

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Investors of record on Thursday, February 27th will be given a dividend of 0.19 per share on Friday, February 28th. The ex-dividend date of this dividend is Thursday, February 27th. This is a boost from InfraCap Equity Income Fund ETF’s previous dividend of $0.18.

InfraCap Equity Income Fund ETF Stock Performance

ICAP traded down $0.24 on Thursday, reaching $26.23. 3,553 shares of the company’s stock were exchanged, compared to its average volume of 13,015. The company’s 50 day moving average is $26.65 and its 200-day moving average is $26.89. The company has a market cap of $60.33 million, a price-to-earnings ratio of 19.34 and a beta of 1.03. InfraCap Equity Income Fund ETF has a twelve month low of $23.10 and a twelve month high of $28.45.

InfraCap Equity Income Fund ETF Company Profile

The InfraCap Equity Income Fund ETF (ICAP) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to provide exposure to global stocks that pay dividends during normal market conditions. The fund seeks to maximize income and pursue total return. ICAP was launched on Dec 29, 2021 and is managed by InfraCap.