Thornburg Multi Sector Bond ETF (NASDAQ:TMB) to Issue Dividend Increase – $0.10 Per Share

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) announced a monthly dividend on Wednesday, July 29th, NASDAQ Dividends reports. Investors of record on Thursday, July 30th will be paid a dividend of 0.1028 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Thursday, July 30th. This is a 15.7% increase from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.09.

Thornburg Multi Sector Bond ETF Stock Down 0.4%

TMB stock traded down $0.09 during midday trading on Thursday, hitting $25.19. 43,940 shares of the stock traded hands, compared to its average volume of 68,245. Thornburg Multi Sector Bond ETF has a 1-year low of $25.16 and a 1-year high of $26.52. The stock’s fifty day simple moving average is $25.39 and its 200-day simple moving average is $25.54.

Thornburg Multi Sector Bond ETF Company Profile

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.