Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) Increases Dividend to $0.06 Per Share

Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) announced a monthly dividend on Thursday, September 24th. Investors of record on Friday, September 25th will be paid a dividend of $0.0584 per share on Wednesday, September 30th. This represents a $0.70 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, September 25th. This is a 1.5% increase from Mairs & Power Minnesota Municipal Bond ETF’s previous monthly dividend of $0.0575.

Mairs & Power Minnesota Municipal Bond ETF Stock Performance

Shares of MINN opened at $20.93 on Friday. Mairs & Power Minnesota Municipal Bond ETF has a twelve month low of $20.93 and a twelve month high of $23.14. The firm’s 50-day moving average is $21.77 and its two-hundred day moving average is $22.14.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax. MINN was launched on Mar 12, 2021 and is managed by Mairs & Power.