Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Raises Dividend to $0.21 Per Share

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) announced a monthly dividend on Tuesday, October 29th, NASDAQ reports. Stockholders of record on Wednesday, October 30th will be given a dividend of 0.211 per share on Friday, November 1st. This represents a $2.53 dividend on an annualized basis and a dividend yield of 5.02%. The ex-dividend date is Wednesday, October 30th. This is an increase from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.18.

Fidelity Low Duration Bond ETF Stock Down 0.1 %

Shares of NASDAQ FLDB opened at $50.39 on Thursday. The firm’s fifty day moving average is $50.51 and its 200 day moving average is $50.37. Fidelity Low Duration Bond ETF has a 52 week low of $49.98 and a 52 week high of $50.66.

About Fidelity Low Duration Bond ETF

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less.