Infrastructure Capital Small Cap Income ETF Boosts Monthly Dividend by $0.005 to $0.250
SCAP•Infrastructure Capital Advisors increased SCAP’s monthly distribution by $0.005 from $0.245 to $0.250 per share, translating to an annualized $3.00, with ex-dividend and record dates on June 29 and payable on June 30. The Small Cap Income ETF, which focuses on U.S.-listed small caps, is part of Infrastructure Capital’s $3.5 billion ETF lineup receiving planned monthly dividends.
1. Dividend Increase for SCAP
The Infrastructure Capital Small Cap Income ETF declared a monthly distribution increase of $0.005, raising the payout from $0.245 to $0.250 per share (annualized $3.00). The ex-dividend and record dates are set for June 29, with the payable date on June 30.
2. Fund Strategy and Focus
SCAP seeks total return through a blend of capital appreciation and current income by investing primarily in U.S.-listed small capitalization companies within the Russell 2000 Index range. Holdings may include common and preferred stocks, convertible securities, debt instruments, equity-linked notes, or other small cap-focused ETFs.
3. Infrastructure Capital’s Monthly Distribution Policy
Infrastructure Capital Advisors, which manages over $3.5 billion in assets across its ETF suite, plans to declare distributions monthly for SCAP. The firm also increased ICAP’s and BNDS’s dividends to $0.250 and $0.34 per share respectively, underscoring its commitment to consistent income solutions.
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