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SPDR Bloomberg Barclays Corporate Bond ETF (NYSEARCA:CBND) declared a monthly dividend on Friday, February 1st, Wall Street Journal reports. Stockholders of record on Monday, February 4th will be paid a dividend of 0.0991 per share on Thursday, February 7th. This represents a $1.19 annualized dividend and a dividend yield of 3.80%. The ex-dividend date is Friday, February 1st. This is a boost from SPDR Bloomberg Barclays Corporate Bond ETF’s previous monthly dividend of $0.10.
NYSEARCA CBND traded up $0.05 on Friday, reaching $31.25. The stock had a trading volume of 59 shares, compared to its average volume of 11,638. SPDR Bloomberg Barclays Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $32.36.
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