ALPS Equal Sector Weight ETF (NYSEARCA:EQL) to Issue Dividend of $0.51

ALPS Equal Sector Weight ETF (NYSEARCA:EQL) declared a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.5074 per share on Monday, March 31st. The ex-dividend date is Wednesday, March 26th. This is a 3.4% increase from ALPS Equal Sector Weight ETF’s previous dividend of $0.49.

ALPS Equal Sector Weight ETF Trading Down 0.6 %

Shares of NYSEARCA EQL traded down $0.83 during midday trading on Wednesday, hitting $126.88. The company’s stock had a trading volume of 21,122 shares, compared to its average volume of 10,774. The firm has a market capitalization of $492.29 million, a price-to-earnings ratio of 22.58 and a beta of 0.97. The stock has a fifty day moving average price of $128.81 and a 200 day moving average price of $128.25. ALPS Equal Sector Weight ETF has a one year low of $112.38 and a one year high of $133.48.

ALPS Equal Sector Weight ETF Company Profile

The ALPS Equal Sector Weight ETF (EQL) is an exchange-traded fund that is based on the NYSE Select Sector Equal Weight index. The fund tracks an equal-weighted index of all select sector SPDR ETFs. EQL was launched on Jul 7, 2009 and is managed by ALPS.