FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) Increases Dividend to $0.20 Per Share

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Friday, December 19th will be given a dividend of 0.1978 per share on Friday, December 26th. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, December 19th. This is a 8.3% increase from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.18.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Down 0.3%

Shares of NASDAQ SKOR traded down $0.13 during trading on Friday, hitting $49.05. The company had a trading volume of 4,331 shares, compared to its average volume of 50,837. FlexShares Credit-Scored US Corporate Bond Index Fund has a 12 month low of $47.01 and a 12 month high of $49.51. The stock has a 50 day simple moving average of $49.22 and a 200 day simple moving average of $48.93.

About FlexShares Credit-Scored US Corporate Bond Index Fund

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.