FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) Shareholders Set to Receive $0.18 Monthly Dividend

FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) announced a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.18 per share on Friday, October 30th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date is Thursday, October 29th.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

FolioBeyond Alternative Income and Interest Rate Hedge ETF stock opened at $37.05 on Thursday. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 12 month low of $35.25 and a 12 month high of $38.21. The stock’s 50 day simple moving average is $36.89 and its two-hundred day simple moving average is $36.40.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.