IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) Increases Dividend to $0.10 Per Share

IDX Dynamic Fixed Income ETF (NASDAQ:DYFI) declared a monthly dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 26th will be given a dividend of 0.0955 per share on Thursday, March 27th. This represents a $1.15 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Wednesday, March 26th. This is a 12.1% increase from IDX Dynamic Fixed Income ETF’s previous monthly dividend of $0.09.

IDX Dynamic Fixed Income ETF Price Performance

DYFI stock traded down $0.14 during midday trading on Wednesday, hitting $23.09. 7,532 shares of the company’s stock were exchanged, compared to its average volume of 11,716. IDX Dynamic Fixed Income ETF has a 1-year low of $23.01 and a 1-year high of $24.95. The business has a 50-day simple moving average of $23.31 and a two-hundred day simple moving average of $23.52.

About IDX Dynamic Fixed Income ETF

The IDX Dynamic Fixed Income ETF (DYFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that invests broadly across various sectors of the fixed income markets around the world. Investment could include debt securities of various maturities and credit quality.