VanEck HIP Sustainable Muni ETF (BATS:SMI) Raises Dividend to $0.10 Per Share

VanEck HIP Sustainable Muni ETF (BATS:SMI) announced a dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Monday, February 3rd will be given a dividend of 0.1032 per share on Thursday, February 6th. The ex-dividend date is Monday, February 3rd. This is a boost from VanEck HIP Sustainable Muni ETF’s previous dividend of $0.10.

VanEck HIP Sustainable Muni ETF Price Performance

SMI stock traded up $0.28 during midday trading on Friday, hitting $46.08. The company’s stock had a trading volume of 1,398 shares. The business has a 50 day moving average price of $46.18 and a 200 day moving average price of $46.43.

VanEck HIP Sustainable Muni ETF Company Profile

The VanEck HIP Sustainable Muni ETF (SMI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that provides exposure to AMT-free, investment-grade US municipal bonds of any maturity that support sustainable development. SMI was launched on Sep 8, 2021 and is managed by VanEck.