SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Raises Dividend to $0.09 Per Share

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.0893 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 0.6% increase from SPDR SSGA My2027 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

Shares of SPDR SSGA My2027 Corporate Bond ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $24.91. 7,606 shares of the stock were exchanged, compared to its average volume of 5,255. The company has a 50-day simple moving average of $24.97 and a 200 day simple moving average of $25.01. SPDR SSGA My2027 Corporate Bond ETF has a twelve month low of $24.88 and a twelve month high of $25.14.

About SPDR SSGA My2027 Corporate Bond ETF

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.