Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAX) Declares Dividend Increase – $0.07 Per Share

Macquarie Tax-Free USA Short Term ETF (NYSEARCA:STAX) announced a monthly dividend on Tuesday, December 23rd. Investors of record on Wednesday, December 24th will be given a dividend of 0.0696 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Wednesday, December 24th. This is a 1.9% increase from Macquarie Tax-Free USA Short Term ETF’s previous monthly dividend of $0.07.

Macquarie Tax-Free USA Short Term ETF Trading Down 0.0%

NYSEARCA:STAX traded down $0.01 during mid-day trading on Wednesday, hitting $25.49. The stock had a trading volume of 201 shares, compared to its average volume of 589. The company has a 50 day simple moving average of $25.49 and a 200-day simple moving average of $25.49. Macquarie Tax-Free USA Short Term ETF has a 52 week low of $25.01 and a 52 week high of $25.71.

Macquarie Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.