Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) Plans Dividend Increase – $0.14 Per Share

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) announced a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Stockholders of record on Monday, June 29th will be paid a dividend of 0.142 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Monday, June 29th. This is a 6.0% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13.

Fidelity Systematic Municipal Bond Index ETF Stock Down 0.1%

NASDAQ:FMUN traded down $0.07 during mid-day trading on Monday, reaching $50.42. 14,227 shares of the company were exchanged, compared to its average volume of 12,437. The company has a fifty day moving average of $50.17 and a 200 day moving average of $50.32. Fidelity Systematic Municipal Bond Index ETF has a 12 month low of $48.26 and a 12 month high of $51.25.

Fidelity Systematic Municipal Bond Index ETF Company Profile

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.