SPDR ICE BofAML Crossover Corporate Bond ETF (NYSEARCA:CJNK) announced a monthly dividend on Friday, March 1st, Wall Street Journal reports. Stockholders of record on Monday, March 4th will be given a dividend of 0.0949 per share on Thursday, March 7th. This represents a $1.14 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Friday, March 1st. This is a boost from SPDR ICE BofAML Crossover Corporate Bond ETF’s previous monthly dividend of $0.09.
Shares of NYSEARCA CJNK traded up $0.04 during midday trading on Friday, hitting $25.68. The stock had a trading volume of 22,756 shares, compared to its average volume of 17,601. SPDR ICE BofAML Crossover Corporate Bond ETF has a fifty-two week low of $24.33 and a fifty-two week high of $25.93.
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