T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Declares Dividend Increase – $0.16 Per Share

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) declared a monthly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.1602 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 25th. This is a 2.1% increase from T. Rowe Price Intermediate Municipal Income ETF’s previous monthly dividend of $0.16.

T. Rowe Price Intermediate Municipal Income ETF Stock Performance

Shares of NASDAQ:TAXE traded down $0.18 during trading on Thursday, reaching $51.22. 13,719 shares of the company were exchanged, compared to its average volume of 17,149. The business’s fifty day simple moving average is $51.15 and its 200-day simple moving average is $51.28. T. Rowe Price Intermediate Municipal Income ETF has a 12-month low of $49.52 and a 12-month high of $52.03.

About T. Rowe Price Intermediate Municipal Income ETF

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.