SPDR Nuveen S&P High Yield Municipal Bond ETF (NYSEARCA:HYMB) declared a monthly dividend on Tuesday, December 19th, Wall Street Journal reports. Investors of record on Wednesday, December 20th will be given a dividend of 0.1791 per share on Thursday, December 28th. This represents a $2.15 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Tuesday, December 19th. This is a positive change from SPDR Nuveen S&P High Yield Municipal Bond ETF’s previous monthly dividend of $0.18.

SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB) traded down $0.11 during mid-day trading on Wednesday, hitting $55.35. 114,400 shares of the company were exchanged, compared to its average volume of 88,555. SPDR Nuveen S&P High Yield Municipal Bond ETF has a 52-week low of $55.18 and a 52-week high of $57.97.

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