Build Bond Innovation ETF (NYSEARCA:BFIX) to Issue Monthly Dividend of $0.09

Build Bond Innovation ETF (NYSEARCA:BFIX) announced a monthly dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.0866 per share on Friday, December 19th. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 18.3% increase from Build Bond Innovation ETF’s previous monthly dividend of $0.07.

Build Bond Innovation ETF Stock Performance

Build Bond Innovation ETF stock opened at $25.35 on Thursday. Build Bond Innovation ETF has a 12 month low of $24.51 and a 12 month high of $26.85. The stock’s 50-day moving average is $25.37 and its 200-day moving average is $25.22.

About Build Bond Innovation ETF

The Build Bond Innovation ETF (BFIX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a broad-based global portfolio of investment grade fixed income securities and US equity call options tied to the upside performance of the S&P 500 Index. BFIX was launched on Feb 9, 2022 and is managed by Build.