Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) Raises Dividend to $0.17 Per Share

Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 26th will be paid a dividend of 0.17 per share on Thursday, March 27th. The ex-dividend date is Wednesday, March 26th. This is a 22.7% increase from Horizon Kinetics Inflation Beneficiaries ETF’s previous dividend of $0.14.

Horizon Kinetics Inflation Beneficiaries ETF Price Performance

Horizon Kinetics Inflation Beneficiaries ETF stock traded down $0.36 during mid-day trading on Wednesday, hitting $41.14. The company’s stock had a trading volume of 196,467 shares, compared to its average volume of 130,068. The business has a 50 day moving average price of $40.13 and a 200-day moving average price of $39.64. Horizon Kinetics Inflation Beneficiaries ETF has a 12 month low of $31.67 and a 12 month high of $43.13. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 23.59 and a beta of 0.86.

About Horizon Kinetics Inflation Beneficiaries ETF

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund seeking long-term capital growth in inflation-adjusted terms from companies expected to benefit, directly or indirectly, from inflation. INFL was launched on Jan 11, 2021 and is managed by Horizon Kinetics.