Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) to Issue Dividend Increase – $0.04 Per Share

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) announced a dividend on Tuesday, December 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, December 31st will be given a dividend of 0.0442 per share on Friday, January 2nd. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 35.2% increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of Angel Oak Mortgage-Backed Securities ETF stock traded down $0.04 during midday trading on Wednesday, reaching $8.74. The company had a trading volume of 44,129 shares, compared to its average volume of 122,044. The stock has a fifty day simple moving average of $8.78 and a 200 day simple moving average of $8.71. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.36 and a 1-year high of $9.07.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.