BondBloxx Private Credit CLO ETF (NASDAQ:PCMM) to Issue Dividend Increase – $0.28 Per Share

by · The Cerbat Gem

BondBloxx Private Credit CLO ETF (NASDAQ:PCMM – Get Free Report) announced a monthly dividend on Tuesday, December 30th, NASDAQ Dividends reports. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.2769 per share on Monday, January 5th. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 8.6% increase from BondBloxx Private Credit CLO ETF’s previous monthly dividend of $0.26.

BondBloxx Private Credit CLO ETF Stock Performance

Shares of NASDAQ PCMM traded down $0.16 during trading on Tuesday, reaching $50.10. 27,139 shares of the company traded hands, compared to its average volume of 33,214. The firm’s fifty day simple moving average is $50.22 and its 200 day simple moving average is $50.42. BondBloxx Private Credit CLO ETF has a 12-month low of $48.38 and a 12-month high of $52.02.

About BondBloxx Private Credit CLO ETF

(Get Free Report)

The BondBloxx Private Credit CLO ETF (PCMM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that seeks capital preservation and current income. The fund invests in a pool of loans to private, middle market companies PCMM was launched on Dec 2, 2024 and is issued by BondBloxx.

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