Kingsbarn Tactical Bond ETF (NYSEARCA:KDRN) Plans Dividend Increase – $0.23 Per Share

Kingsbarn Tactical Bond ETF (NYSEARCA:KDRN) declared a quarterly dividend on Tuesday, December 23rd. Shareholders of record on Wednesday, December 24th will be paid a dividend of 0.2254 per share on Friday, December 26th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a 32.2% increase from Kingsbarn Tactical Bond ETF’s previous quarterly dividend of $0.17.

Kingsbarn Tactical Bond ETF Trading Down 0.9%

Kingsbarn Tactical Bond ETF stock traded down $0.20 during mid-day trading on Wednesday, hitting $23.23. The company had a trading volume of 3 shares, compared to its average volume of 460. Kingsbarn Tactical Bond ETF has a 12 month low of $22.52 and a 12 month high of $24.05. The stock’s 50 day moving average price is $23.50 and its two-hundred day moving average price is $23.39.

Kingsbarn Tactical Bond ETF Company Profile

The Kingsbarn Tactical Bond ETF (KDRN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages credit and duration risk by investing between various global bond ETFs and 10-year US Treasury futures. KDRN was launched on Dec 20, 2021 and is managed by Kingsbarn.