WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Increases Dividend to $0.10 Per Share

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) announced a monthly dividend on Monday, July 27th. Investors of record on Tuesday, July 28th will be paid a dividend of 0.105 per share on Thursday, July 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Tuesday, July 28th. This is a 10.5% increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.10.

WisdomTree High Income Laddered Municipal Fund Stock Performance

WTMY stock traded down $0.05 during trading on Tuesday, hitting $25.10. The company had a trading volume of 8 shares, compared to its average volume of 658. The firm has a 50-day moving average price of $25.35 and a 200-day moving average price of $25.44. WisdomTree High Income Laddered Municipal Fund has a 12 month low of $24.13 and a 12 month high of $25.85.

WisdomTree High Income Laddered Municipal Fund Company Profile

The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.