Summary:
- Virtus InfraCap U.S. Preferred Stock ETF (PFFA, Financial) announces a dividend of $0.1700 per share.
- The ETF offers an impressive 30-day SEC yield of 9.29%.
- Key dates: Ex-dividend on April 21, Payable on April 28.
Dividend Declaration Details
The Virtus InfraCap U.S. Preferred Stock ETF (PFFA) has declared a noteworthy dividend of $0.1700 per share. This announcement is particularly attractive to income-focused investors seeking high-yield opportunities in the current market landscape.
Attractive Yield Statistics
As of March 31, the ETF's 30-day SEC yield stands at an impressive 9.29%, underscoring its potential to deliver substantial income. Such a high yield can be appealing for those looking to augment their portfolio's cash flow.
Important Dates to Remember
Investors should note the ex-dividend date, set for April 21. To qualify for the declared dividend, you must be on the company’s records by this pivotal date. The dividend will be paid to eligible shareholders on April 28, completing this cycle of income distribution.
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