SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) Raises Dividend to $0.06 Per Share

SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) announced a monthly dividend on Wednesday, September 30th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.0576 per share on Tuesday, October 6th. This represents a $0.69 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, October 1st. This is a 11.1% increase from SPDR SSGA My2029 Municipal Bond ETF’s previous monthly dividend of $0.0518.

SPDR SSGA My2029 Municipal Bond ETF Stock Performance

Shares of NASDAQ MYMI traded up $0.05 during midday trading on Thursday, reaching $23.90. 718 shares of the company were exchanged, compared to its average volume of 1,656. SPDR SSGA My2029 Municipal Bond ETF has a 1 year low of $23.72 and a 1 year high of $24.98. The stock has a fifty day simple moving average of $24.37 and a 200 day simple moving average of $24.56.

SPDR SSGA My2029 Municipal Bond ETF Company Profile

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