First Trust Managed Municipal ETF (FMB) to Issue Monthly Dividend of $0.15 on December 31st

by · The Cerbat Gem

First Trust Managed Municipal ETF (NASDAQ:FMB – Get Free Report) announced a monthly dividend on Thursday, December 11th. Investors of record on Friday, December 12th will be given a dividend of 0.147 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, December 12th.

First Trust Managed Municipal ETF Stock Performance

Shares of FMB opened at $50.92 on Friday. First Trust Managed Municipal ETF has a twelve month low of $48.19 and a twelve month high of $51.47. The firm’s 50-day moving average is $51.15 and its two-hundred day moving average is $50.35.

First Trust Managed Municipal ETF Company Profile

(Get Free Report)

The First Trust Managed Municipal ETF (FMB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with some high-yield exposure. FMB was launched on May 13, 2014 and is managed by First Trust.

Read More