Dimensional Global Credit ETF (NASDAQ:DGCB) Increases Dividend to $0.25 Per Share

Dimensional Global Credit ETF (NASDAQ:DGCB) announced a monthly dividend on Monday, October 21st, NASDAQ reports. Investors of record on Tuesday, October 22nd will be paid a dividend of 0.2469 per share on Thursday, October 24th. This represents a $2.96 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Tuesday, October 22nd. This is a boost from Dimensional Global Credit ETF’s previous monthly dividend of $0.12.

Dimensional Global Credit ETF Trading Down 0.5 %

DGCB traded down $0.27 on Tuesday, reaching $53.81. 44,507 shares of the company traded hands, compared to its average volume of 46,214. Dimensional Global Credit ETF has a one year low of $50.06 and a one year high of $55.16. The firm has a fifty day simple moving average of $54.48 and a two-hundred day simple moving average of $53.34.

About Dimensional Global Credit ETF

The Dimensional Global Credit ETF (DGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of debt securities of any credit quality that are maturing within 20 years. The fund aims to maximize total returns, while optimizing overall gains DGCB was launched on Nov 7, 2023 and is issued by Dimensional.