iShares India 50 ETF to Issue Dividend of $4.00 (NASDAQ:INDY)

iShares India 50 ETF (NASDAQ:INDY) announced a dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be paid a dividend of 3.9951 per share on Friday, December 19th. This represents a dividend yield of 1,528.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares India 50 ETF Stock Performance

NASDAQ:INDY opened at $48.10 on Tuesday. iShares India 50 ETF has a 52-week low of $46.93 and a 52-week high of $54.87. The stock has a fifty day moving average of $52.99 and a 200 day moving average of $52.70. The firm has a market capitalization of $622.90 million, a price-to-earnings ratio of 23.21 and a beta of 0.45.

iShares India 50 ETF Company Profile

iShares India 50 ETF, formerly iShares S&P India Nifty 50 Index Fund, seeks investment results that correspond generally to the price and yield performance of the S&P CNX Nifty Index (the Index). The Index measures the equity performance of the top 50 companies by market capitalization that trade in the Indian market.