Simplify MBS ETF (NYSEARCA:MTBA) Increases Dividend to $0.25 Per Share

Simplify MBS ETF (NYSEARCA:MTBA) declared a monthly dividend on Monday, January 26th. Stockholders of record on Tuesday, January 27th will be given a dividend of 0.25 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Tuesday, January 27th. This is a 1,150.0% increase from Simplify MBS ETF’s previous monthly dividend of $0.02.

Simplify MBS ETF Stock Up 0.1%

NYSEARCA MTBA opened at $50.62 on Tuesday. Simplify MBS ETF has a twelve month low of $49.16 and a twelve month high of $50.88. The business has a 50-day moving average price of $50.47 and a 200-day moving average price of $50.39.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.