WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Raises Dividend to $0.12 Per Share

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) announced a monthly dividend on Thursday, September 24th. Shareholders of record on Friday, September 25th will be given a dividend of $0.12 per share on Tuesday, September 29th. This represents a $1.44 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, September 25th. This is a 14.3% increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.1050.

WisdomTree High Income Laddered Municipal Fund Stock Down 1.0%

WisdomTree High Income Laddered Municipal Fund stock traded down $0.24 during mid-day trading on Friday, hitting $23.96. 62 shares of the stock were exchanged, compared to its average volume of 628. WisdomTree High Income Laddered Municipal Fund has a 12 month low of $23.99 and a 12 month high of $25.85. The firm’s fifty day simple moving average is $24.90 and its two-hundred day simple moving average is $25.19.

About WisdomTree High Income Laddered Municipal Fund

(Get Free Report)

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
• Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion
• Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
• Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
• Oil May Be Stronger Than It Looks—And Diamondback Is on Sale