SPDR SSgA Income Allocation ETF to Issue Dividend of $0.24 (NYSEARCA:INKM)

SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Wednesday, March 26th will be given a dividend of 0.2359 per share on Monday, March 31st. The ex-dividend date is Wednesday, March 26th.

SPDR SSgA Income Allocation ETF Trading Down 1.0 %

NYSEARCA:INKM traded down $0.31 during mid-day trading on Wednesday, hitting $31.80. 2,138 shares of the company’s stock were exchanged, compared to its average volume of 9,436. SPDR SSgA Income Allocation ETF has a fifty-two week low of $29.95 and a fifty-two week high of $33.16. The firm has a market capitalization of $71.23 million, a P/E ratio of 20.27 and a beta of 0.66. The company has a 50 day simple moving average of $31.95 and a 200-day simple moving average of $32.18.

SPDR SSgA Income Allocation ETF Company Profile

The SPDR SSgA Income Allocation ETF (INKM) is an exchange-traded fund that is based on the MSCI World index. The fund is an actively-managed, income-focused ETF of domestic and international ETFs with exposure to equities, investment-grade and high-yield debt, preferred stocks and REITs. INKM was launched on Apr 25, 2012 and is managed by State Street.