Inspire Corporate Bond ETF (NYSEARCA:IBD) Increases Dividend to $0.12 Per Share

Inspire Corporate Bond ETF (NYSEARCA:IBD) announced a monthly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 17th will be paid a dividend of 0.121 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Wednesday, December 17th. This is a 66.0% increase from Inspire Corporate Bond ETF’s previous monthly dividend of $0.07.

Inspire Corporate Bond ETF Stock Down 0.7%

NYSEARCA IBD opened at $24.04 on Wednesday. The firm’s fifty day simple moving average is $24.19 and its two-hundred day simple moving average is $24.08. Inspire Corporate Bond ETF has a 12-month low of $22.84 and a 12-month high of $24.85.

Inspire Corporate Bond ETF Company Profile

The Inspire Corporate Bond Impact ESG ETF (IBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer. IBD was launched on Jul 10, 2017 and is managed by Inspire.