Fidelity Systematic Municipal Bond Index ETF (FMUN) to Issue Monthly Dividend of $0.14 on October 1st

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.1430 per share on Thursday, October 1st. This represents a $1.72 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Tuesday, September 29th. This is a 1.4% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.1410.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

Shares of FMUN stock opened at $46.49 on Wednesday. Fidelity Systematic Municipal Bond Index ETF has a 52 week low of $46.32 and a 52 week high of $51.25. The stock’s fifty day moving average is $48.96 and its 200-day moving average is $49.73.

About Fidelity Systematic Municipal Bond Index ETF

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.