SPDR S&P 1500 Momentum Tilt ETF (NYSEARCA:MMTM) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Investors of record on Tuesday, September 25th will be paid a dividend of 0.4676 per share on Thursday, September 27th. This represents a $1.87 annualized dividend and a yield of 1.46%. The ex-dividend date is Monday, September 24th. This is a positive change from SPDR S&P 1500 Momentum Tilt ETF’s previous quarterly dividend of $0.43.

NYSEARCA MMTM traded up $0.25 during trading hours on Tuesday, hitting $128.43. 1,270 shares of the company’s stock traded hands, compared to its average volume of 1,433. SPDR S&P 1500 Momentum Tilt ETF has a 52 week low of $105.38 and a 52 week high of $129.19.

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