Guggenheim S&P 500 Equal Weight Energy ETF (RYE) Raises Dividend to $0.25 Per Share

Guggenheim S&P 500 Equal Weight Energy ETF (NYSEARCA:RYE) announced a quarterly dividend on Friday, March 16th, Wall Street Journal reports. Shareholders of record on Monday, March 19th will be paid a dividend of 0.246 per share on Thursday, March 29th. This represents a $0.98 annualized dividend and a yield of 1.82%. The ex-dividend date is Friday, March 16th. This is a boost from Guggenheim S&P 500 Equal Weight Energy ETF’s previous quarterly dividend of $0.20.

Shares of RYE traded down $1.06 during midday trading on Friday, hitting $53.98. 50,699 shares of the company’s stock traded hands, compared to its average volume of 44,933. Guggenheim S&P 500 Equal Weight Energy ETF has a 1 year low of $48.58 and a 1 year high of $63.47.

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