Dimensional Global Credit ETF (NASDAQ:DGCB) Increases Dividend to $0.68 Per Share

Dimensional Global Credit ETF (NASDAQ:DGCB) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 21st will be paid a dividend of 0.6839 per share on Thursday, July 23rd. This represents a c) annualized dividend and a yield of 15.4%. The ex-dividend date of this dividend is Tuesday, July 21st. This is a 67.1% increase from Dimensional Global Credit ETF’s previous monthly dividend of $0.41.

Dimensional Global Credit ETF Trading Down 1.4%

Shares of NASDAQ:DGCB traded down $0.76 during midday trading on Tuesday, reaching $53.35. 66,127 shares of the company were exchanged, compared to its average volume of 96,155. The stock has a fifty day simple moving average of $54.55 and a two-hundred day simple moving average of $54.55. Dimensional Global Credit ETF has a fifty-two week low of $53.33 and a fifty-two week high of $56.03.

Dimensional Global Credit ETF Company Profile

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.