X-trackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 4th will be paid a dividend of 0.1875 per share on Tuesday, December 10th. This represents a $2.25 dividend on an annualized basis and a dividend yield of 4.48%. The ex-dividend date is Tuesday, December 3rd.
NYSEARCA:HYDW remained flat at $$50.27 during mid-day trading on Wednesday. X-trackers Low Beta High Yield Bond ETF has a 1 year low of $46.81 and a 1 year high of $50.67. The firm has a 50 day moving average of $50.42 and a two-hundred day moving average of $50.22.
Further Reading: Overbought
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