SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Plans Dividend Increase – $0.10 Per Share

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.0961 per share on Friday, April 4th. This represents a $1.15 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 11.6% increase from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCH traded down $0.07 during trading on Tuesday, hitting $24.80. The company had a trading volume of 1,850 shares, compared to its average volume of 11,812. SPDR SSGA My2028 Corporate Bond ETF has a 52 week low of $24.39 and a 52 week high of $25.06. The firm has a 50-day moving average of $24.70.

SPDR SSGA My2028 Corporate Bond ETF Company Profile

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.