First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) announced a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Stockholders of record on Wednesday, April 24th will be paid a dividend of 0.0388 per share on Tuesday, April 30th. This represents a $0.47 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Tuesday, April 23rd.

FSMB traded down $0.05 during trading on Tuesday, reaching $20.22. 6,147 shares of the stock traded hands, compared to its average volume of 4,735. First Trust Short Duration Managed Municipal ETF has a fifty-two week low of $20.06 and a fifty-two week high of $20.29.

COPYRIGHT VIOLATION NOTICE: This report was published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright legislation. The legal version of this report can be read at https://www.watchlistnews.com/first-trust-short-duration-managed-municipal-etf-declares-monthly-dividend-of-0-04-fsmb/2982807.html.

Recommended Story: Asset Allocation

Dividend History for First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

Receive News & Ratings for First Trust Short Duration Managed Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Short Duration Managed Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.