Inspire Corporate Bond ETF (NYSEARCA:IBD) to Issue Monthly Dividend of $0.08

Inspire Corporate Bond ETF (NYSEARCA:IBD) declared a monthly dividend on Monday, August 25th. Investors of record on Tuesday, August 26th will be given a dividend of 0.0825 per share on Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Tuesday, August 26th. This is a 88.4% increase from Inspire Corporate Bond ETF’s previous monthly dividend of $0.04.

Inspire Corporate Bond ETF Stock Up 0.0%

NYSEARCA IBD traded up $0.01 during trading hours on Tuesday, reaching $24.03. The company’s stock had a trading volume of 11,418 shares, compared to its average volume of 94,070. The firm’s 50-day moving average price is $23.97 and its 200-day moving average price is $23.78. Inspire Corporate Bond ETF has a 1 year low of $22.84 and a 1 year high of $24.85.

Inspire Corporate Bond ETF Company Profile

The Inspire Corporate Bond Impact ESG ETF (IBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer. IBD was launched on Jul 10, 2017 and is managed by Inspire.