WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) to Issue Dividend of $0.34

WBI Power Factor High Dividend ETF (NYSEARCA:WBIY) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.3422 per share on Friday, March 28th. The ex-dividend date of this dividend is Thursday, March 27th.

WBI Power Factor High Dividend ETF Stock Performance

Shares of NYSEARCA WBIY traded down $0.29 during mid-day trading on Thursday, reaching $29.62. The company had a trading volume of 1,944 shares, compared to its average volume of 5,095. The stock has a fifty day moving average of $30.10 and a two-hundred day moving average of $30.64. WBI Power Factor High Dividend ETF has a 12-month low of $28.36 and a 12-month high of $32.93. The company has a market capitalization of $57.76 million, a price-to-earnings ratio of 10.58 and a beta of 1.21.

WBI Power Factor High Dividend ETF Company Profile

The WBI Power Factor High Dividend ETF (WBIY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 50 US firms selected for high forecasted dividend yield and strong fundamental factors. Holdings are weighted by forecasted dividend yield. WBIY was launched on Dec 19, 2016 and is managed by WBI Shares.