T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) Increases Dividend to $0.31 Per Share

T. Rowe Price Floating Rate ETF (NYSEARCA:TFLR) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be given a dividend of 0.3128 per share on Friday, March 28th. The ex-dividend date of this dividend is Wednesday, March 26th. This is a 15.3% increase from T. Rowe Price Floating Rate ETF’s previous dividend of $0.27.

T. Rowe Price Floating Rate ETF Stock Down 0.6 %

Shares of TFLR stock traded down $0.31 during trading hours on Wednesday, reaching $51.16. The stock had a trading volume of 59,996 shares, compared to its average volume of 33,728. The firm has a 50-day simple moving average of $51.64 and a 200-day simple moving average of $51.74. T. Rowe Price Floating Rate ETF has a twelve month low of $50.82 and a twelve month high of $52.40.

T. Rowe Price Floating Rate ETF Company Profile

The T. Rowe Price Floating Rate ETF (TFLR) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on high yield fixed income. TFLR is actively managed to invest in a broad portfolio of USD-denominated floating-rate loans TFLR was launched on Nov 16, 2022 and is managed by T.