SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Plans Dividend Increase – $0.10 Per Share

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.1009 per share on Friday, April 4th. This represents a $1.21 annualized dividend and a yield of 5.00%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 4.1% increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2034 Corporate Bond ETF Stock Performance

Shares of MYCN traded down $0.03 during mid-day trading on Tuesday, hitting $24.23. 764 shares of the company’s stock were exchanged, compared to its average volume of 3,010. The company has a 50-day moving average of $24.10. SPDR SSGA My2034 Corporate Bond ETF has a fifty-two week low of $23.49 and a fifty-two week high of $25.07.

About SPDR SSGA My2034 Corporate Bond ETF

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.