Virtus Newfleet Multi-Sector Bond ETF (NFLT) to Issue Dividend Increase – $0.12 Per Share
Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) declared a monthly dividend on Tuesday, November 20th, Wall Street Journal reports. Shareholders of record on Wednesday, November 21st will be paid a dividend of 0.1182 per share on Thursday, November 29th. This represents a $1.42 annualized dividend and a yield of 6.02%. The ex-dividend date of this dividend is Tuesday, November 20th. This is a boost from Virtus Newfleet Multi-Sector Bond ETF’s previous monthly dividend of $0.10.
Virtus Newfleet Multi-Sector Bond ETF stock traded down $0.14 during midday trading on Tuesday, hitting $23.57. 11,403 shares of the company’s stock were exchanged, compared to its average volume of 31,212. Virtus Newfleet Multi-Sector Bond ETF has a 12 month low of $23.57 and a 12 month high of $25.81.
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