WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Plans Monthly Dividend of $0.10
by Scott Moore · The Cerbat GemWisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) announced a monthly dividend on Wednesday, June 24th. Shareholders of record on Thursday, June 25th will be paid a dividend of 0.095 per share on Monday, June 29th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Thursday, June 25th. This is a 46.2% increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.07.
WisdomTree High Income Laddered Municipal Fund Trading Down 0.4%
Shares of WTMY traded down $0.10 during mid-day trading on Thursday, reaching $25.38. 2 shares of the stock traded hands, compared to its average volume of 756. The stock has a fifty day simple moving average of $25.35 and a 200 day simple moving average of $25.46. WisdomTree High Income Laddered Municipal Fund has a 12-month low of $24.58 and a 12-month high of $25.85.
About WisdomTree High Income Laddered Municipal Fund
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.
Further Reading
- Five stocks we like better than WisdomTree High Income Laddered Municipal Fund
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal