BNY Mellon High Yield ETF (NYSEARCA:BKHY) Plans Monthly Dividend of $0.28

BNY Mellon High Yield ETF (NYSEARCA:BKHY) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be paid a dividend of $0.2825 per share on Tuesday, October 6th. This represents a $3.39 annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Thursday, October 1st. This is a 10.0% increase from BNY Mellon High Yield ETF’s previous monthly dividend of $0.2569.

BNY Mellon High Yield ETF Price Performance

BNY Mellon High Yield ETF stock opened at $45.84 on Thursday. BNY Mellon High Yield ETF has a twelve month low of $45.83 and a twelve month high of $48.73. The company’s 50-day moving average price is $46.99 and its two-hundred day moving average price is $47.30.

BNY Mellon High Yield 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.