First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB) declared a monthly dividend on Tuesday, May 21st, Wall Street Journal reports. Investors of record on Wednesday, May 22nd will be given a dividend of 0.0388 per share on Friday, May 31st. This represents a $0.47 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Tuesday, May 21st.

Shares of FSMB traded down $0.04 during mid-day trading on Tuesday, hitting $20.29. 750 shares of the company were exchanged, compared to its average volume of 4,735. First Trust Short Duration Managed Municipal ETF has a 1-year low of $20.06 and a 1-year high of $20.34.

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Dividend History for First Trust Short Duration Managed Municipal ETF (NYSEARCA:FSMB)

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