SPDR Bloomberg Barclays Corporate Bond ETF (NYSEARCA:CBND) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 2nd will be paid a dividend of 0.1004 per share on Friday, April 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from SPDR Bloomberg Barclays Corporate Bond ETF’s previous monthly dividend of $0.10.
Shares of CBND stock opened at $31.75 on Tuesday. 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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