BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) Shareholders to Receive $0.14 Monthly Dividend

BNY Mellon Ultra Short Income ETF (NYSEARCA:BKUI) announced a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be given a dividend of $0.1359 per share on Tuesday, October 6th. This represents a $1.63 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, October 1st. This is a 14.4% decrease from BNY Mellon Ultra Short Income ETF’s previous monthly dividend of $0.1588.

BNY Mellon Ultra Short Income ETF Trading Up 0.1%

BNY Mellon Ultra Short Income ETF stock opened at $49.62 on Thursday. BNY Mellon Ultra Short Income ETF has a 52 week low of $49.53 and a 52 week high of $49.96. The firm’s 50-day simple moving average is $49.63 and its 200 day simple moving average is $49.68.

About BNY Mellon Ultra Short Income ETF

The BNY Mellon Ultra Short Income ETF (BKUI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of investment-grade, USD-denominated fixed income securities with an ultra-short effective duration. The fund aims for high income and low volatility. BKUI was launched on Aug 9, 2021 and is managed by BNY Mellon.