First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) announced a monthly dividend on Friday, December 13th, Wall Street Journal reports. Investors of record on Monday, December 16th will be given a dividend of 0.10 per share on Tuesday, December 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Friday, December 13th.
First Trust Low Duration Opportunities ETF has decreased its dividend by an average of 6.8% annually over the last three years.
Shares of LMBS traded up $0.05 during trading hours on Friday, reaching $51.80. The stock had a trading volume of 473,696 shares, compared to its average volume of 449,758. First Trust Low Duration Opportunities ETF has a 52 week low of $50.89 and a 52 week high of $52.15. The firm has a 50-day moving average of $51.88 and a 200 day moving average of $51.84.
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