VanEck High Yield Muni ETF (BATS:HYD) Raises Dividend to $0.21 Per Share

VanEck High Yield Muni ETF (BATS:HYD) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.2067 per share on Thursday, February 6th. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from VanEck High Yield Muni ETF’s previous dividend of $0.18.

VanEck High Yield Muni ETF Stock Up 1.1 %

Shares of VanEck High Yield Muni ETF stock traded up $0.59 during midday trading on Friday, hitting $51.94. The company had a trading volume of 1,932,937 shares. The business has a 50-day moving average price of $52.00 and a two-hundred day moving average price of $52.27.

VanEck High Yield Muni ETF Company Profile

The VanEck High Yield Muni ETF (HYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high-yield, tax-exempt US municipal bonds. HYD was launched on Feb 4, 2009 and is managed by VanEck.