SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Announces Monthly Dividend of $0.09

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.0896 per share on Friday, April 4th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date is Tuesday, April 1st. This is a 348.0% increase from SPDR SSGA My2027 Corporate Bond ETF’s previous monthly dividend of $0.02.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

NASDAQ MYCG traded down $0.06 during trading hours on Tuesday, reaching $24.87. 360 shares of the company’s stock were exchanged, compared to its average volume of 3,885. The business’s fifty day simple moving average is $24.81. SPDR SSGA My2027 Corporate Bond ETF has a one year low of $24.62 and a one year high of $25.20.

SPDR SSGA My2027 Corporate Bond ETF Company Profile

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.