Janus Henderson B-BBB CLO ETF Raises Dividend to $0.25 Per Share

Janus Henderson B-BBB CLO ETF announced an increase in its monthly dividend, now set at $0.25 per share. The declaration came on February 26, 2024, with the dividend payable to investors on record as of February 27, 2024. This adjustment reflects a slight increase from the previous monthly dividend of $0.2479, resulting in an annualized yield of 6.4%.

The ex-dividend date for this payment is also February 27, 2024, meaning investors must own shares before this date to qualify for the dividend. This increase, while modest at 0.3%, showcases the fund’s commitment to delivering value to its shareholders.

Market Performance and Trading Details

On February 27, 2024, shares of the Janus Henderson B-BBB CLO ETF traded down 0.8%, hitting $46.80 during midday trading. The trading volume reached 784,066 shares, surpassing the average volume of 481,393 shares.

Over the past year, the ETF has experienced fluctuations, with a twelve-month low of $45.75 and a high of $49.36. The fund’s performance is also reflected in its moving averages, with a 50-day simple moving average of $47.83 and a 200-day simple moving average of $47.99.

Investors may find this slight dividend increase encouraging, particularly in uncertain economic times. As the market continues to navigate various challenges, the Janus Henderson B-BBB CLO ETF remains a notable option for those seeking consistent income through dividends.