SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) to Issue Dividend Increase – $0.10 Per Share

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.0969 per share on Friday, April 4th. This represents a $1.16 annualized dividend and a dividend yield of 4.71%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 384.4% increase from SPDR SSGA My2029 Corporate Bond ETF’s previous monthly dividend of $0.02.

SPDR SSGA My2029 Corporate Bond ETF Stock Down 0.2 %

Shares of MYCI stock opened at $24.67 on Wednesday. SPDR SSGA My2029 Corporate Bond ETF has a 1 year low of $24.16 and a 1 year high of $25.06. The business’s fifty day moving average price is $24.55.

SPDR SSGA My2029 Corporate Bond ETF Company Profile

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.