FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Announces Monthly Dividend of $0.20

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) declared a monthly dividend on Tuesday, March 31st. Shareholders of record on Wednesday, April 1st will be given a dividend of 0.1959 per share on Tuesday, April 7th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 11.3% increase from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18.

FlexShares Credit-Scored US Corporate Bond Index Fund Price Performance

Shares of NASDAQ:SKOR opened at $48.62 on Wednesday. FlexShares Credit-Scored US Corporate Bond Index Fund has a 52 week low of $47.01 and a 52 week high of $49.53. The company’s 50 day moving average is $49.01 and its two-hundred day moving average is $49.14.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.