WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Raises Dividend to $0.12 Per Share

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY – Get Free Report) declared a monthly dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be given a dividend of $0.12 per share on Tuesday, September 29th. This represents a $1.44 annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, September 25th. This is a 14.3% increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.1050.

WisdomTree High Income Laddered Municipal Fund Stock Down 1.0%

NASDAQ WTMY traded down $0.24 during trading hours on Friday, reaching $23.96. The company’s stock had a trading volume of 62 shares, compared to its average volume of 628. The firm has a fifty day simple moving average of $24.90 and a 200-day simple moving average of $25.19. WisdomTree High Income Laddered Municipal Fund has a 52 week low of $23.99 and a 52 week high of $25.85.

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WisdomTree High Income Laddered Municipal Fund Company Profile

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The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.

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