Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) Increases Dividend to $0.04 Per Share

Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) announced a monthly dividend on Tuesday, December 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.0442 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 35.2% increase from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.03.

Angel Oak Mortgage-Backed Securities ETF Stock Down 0.2%

MBS stock traded down $0.02 on Wednesday, hitting $8.76. 18,688 shares of the company’s stock traded hands, compared to its average volume of 121,936. The stock has a fifty day moving average of $8.78 and a 200-day moving average of $8.71. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.36 and a 1-year high of $9.07.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.