Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) Declares Dividend Increase – $0.05 Per Share

Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) announced a monthly dividend on Monday, September 29th. Investors of record on Tuesday, September 30th will be paid a dividend of 0.0456 per share on Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend is Tuesday, September 30th. This is a 38.1% increase from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.03.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of Angel Oak Mortgage-Backed Securities ETF stock opened at $8.77 on Tuesday. Angel Oak Mortgage-Backed Securities ETF has a 52-week low of $8.36 and a 52-week high of $9.07. The stock’s 50-day simple moving average is $8.67 and its 200 day simple moving average is $8.62.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.