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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS – Get Free Report) declared a monthly dividend on Thursday, October 29th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0384 per share on Monday, November 2nd. This represents a $0.46 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, October 30th. This is a 0.4% increase from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0382.

Angel Oak Mortgage-Backed Securities ETF Price Performance

NASDAQ MBS opened at $8.31 on Friday. The business has a 50-day moving average price of $8.35 and a 200-day moving average price of $8.60. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.13 and a twelve month high of $9.16.

Shares of Angel Oak Mortgage-Backed Securities ETF are set to reverse split on the morning of Monday, November 16th. The 1-7 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 15th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

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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.

Further Reading

Dividend History for Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS)

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