Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) to Issue Monthly Dividend of $0.07

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) announced a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be paid a dividend of 0.0713 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, February 27th. This is a 6.1% increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.07.

Nomura Tax-Free USA Short Term ETF Stock Performance

STAX traded down $0.00 during trading on Friday, reaching $25.67. 4,639 shares of the company were exchanged, compared to its average volume of 293. The company’s 50-day moving average is $25.60 and its two-hundred day moving average is $25.56. Nomura Tax-Free USA Short Term ETF has a 12-month low of $25.01 and a 12-month high of $25.75.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.