SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Raises Dividend to $0.09 Per Share

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.0925 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, July 1st. This is a 0.5% increase from SPDR SSGA My2029 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2029 Corporate Bond ETF Trading Down 0.4%

Shares of SPDR SSGA My2029 Corporate Bond ETF stock traded down $0.10 during mid-day trading on Wednesday, reaching $24.67. 3,041 shares of the stock were exchanged, compared to its average volume of 5,654. SPDR SSGA My2029 Corporate Bond ETF has a fifty-two week low of $24.64 and a fifty-two week high of $25.22. The firm has a 50-day simple moving average of $24.77 and a 200 day simple moving average of $24.91.

About SPDR SSGA My2029 Corporate Bond ETF

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.