SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Plans Dividend Increase – $0.09 Per Share

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.0883 per share on Tuesday, July 7th. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 2.1% increase from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2028 Corporate Bond ETF Stock Down 0.4%

SPDR SSGA My2028 Corporate Bond ETF stock traded down $0.09 during mid-day trading on Wednesday, hitting $24.82. 159,622 shares of the company’s stock traded hands, compared to its average volume of 252,155. SPDR SSGA My2028 Corporate Bond ETF has a one year low of $24.80 and a one year high of $25.27. The firm has a 50 day moving average price of $24.89 and a 200 day moving average price of $24.99.

About SPDR SSGA My2028 Corporate Bond ETF

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.