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

InfraCap Equity Income Fund ETF (NYSEARCA:ICAP) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, February 27th will be paid 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 positive change from InfraCap Equity Income Fund ETF’s previous dividend of $0.18.

InfraCap Equity Income Fund ETF Trading Down 0.9 %

Shares of NYSEARCA:ICAP traded down $0.24 during midday trading on Thursday, hitting $26.23. 3,553 shares of the stock were exchanged, compared to its average volume of 13,015. The stock has a market cap of $60.33 million, a P/E 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. The company has a 50 day moving average price of $26.65 and a 200-day moving average price of $26.89.

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.