Fidelity Systematic Municipal Bond Index ETF (FMUN) to Issue Monthly Dividend of $0.14 on September 1st

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) declared a monthly dividend on Friday, August 28th, NASDAQ Dividends reports. Shareholders of record on Friday, August 28th will be given a dividend of 0.141 per share on Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, August 28th. This is a 3.7% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.14.

Fidelity Systematic Municipal Bond Index ETF Price Performance

Shares of FMUN stock opened at $49.12 on Friday. The stock has a 50 day simple moving average of $49.94 and a 200-day simple moving average of $50.16. Fidelity Systematic Municipal Bond Index ETF has a 12-month low of $48.55 and a 12-month high of $51.25.

Fidelity Systematic Municipal Bond Index ETF Company Profile

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.