Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) Plans Dividend Increase – $0.07 Per Share

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) declared a monthly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.0674 per share on Tuesday, October 6th. This represents a $0.81 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 13.5% increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.0594.

Nomura Tax-Free USA Short Term ETF Price Performance

STAX stock opened at $24.66 on Wednesday. The firm has a 50 day simple moving average of $25.18 and a 200-day simple moving average of $25.35. Nomura Tax-Free USA Short Term ETF has a twelve month low of $24.66 and a twelve month high of $25.75.

About Nomura Tax-Free USA Short Term ETF

(Get Free Report)

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.

Recommended Stories

Dividend History for Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX)

Receive News & Ratings for Nomura Tax-Free USA Short Term ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura Tax-Free USA Short Term ETF and related companies with MarketBeat.com's FREE daily email newsletter.