WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) Raises Dividend to $0.08 Per Share

WisdomTree Core Laddered Municipal Fund (NASDAQ:WTMU) declared a monthly dividend on Monday, August 25th, NASDAQ Dividends reports. Stockholders of record on Tuesday, August 26th will be paid a dividend of 0.075 per share on Thursday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, August 26th. This is a 25.0% increase from WisdomTree Core Laddered Municipal Fund’s previous monthly dividend of $0.06.

WisdomTree Core Laddered Municipal Fund Trading Down 0.1%

Shares of WTMU traded down $0.03 during mid-day trading on Tuesday, reaching $25.38. 3 shares of the company’s stock were exchanged, compared to its average volume of 6,588. The stock’s fifty day simple moving average is $25.22. WisdomTree Core Laddered Municipal Fund has a 52-week low of $22.50 and a 52-week high of $25.86.

About WisdomTree Core Laddered Municipal Fund

The WisdomTree Core Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in municipal debt securities with an average duration between four and eight years.