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

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.0969 per share on Friday, April 4th. This represents a $1.16 dividend on an annualized basis and a 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 Performance

Shares of MYCI stock traded down $0.06 during trading hours on Tuesday, hitting $24.67. 5,175 shares of the company’s stock were exchanged, compared to its average volume of 6,346. The company has a 50-day moving average price of $24.55. SPDR SSGA My2029 Corporate Bond ETF has a 52 week low of $24.16 and a 52 week high of $25.06.

About SPDR SSGA My2029 Corporate Bond ETF

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.