Inspire Corporate Bond ETF (NYSEARCA:IBD) Shareholders to Get $0.08 Monthly Dividend

Inspire Corporate Bond ETF (NYSEARCA:IBD) announced a monthly dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be paid a dividend of $0.0820 per share on Thursday, October 1st. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, September 25th. This is a 9.3% decrease from Inspire Corporate Bond ETF’s previous monthly dividend of $0.0904.

Inspire Corporate Bond ETF Stock Performance

NYSEARCA IBD traded down $0.15 during trading hours on Friday, hitting $23.05. 2,018 shares of the company’s stock were exchanged, compared to its average volume of 95,259. The business’s 50 day moving average is $23.55 and its 200-day moving average is $23.74. Inspire Corporate Bond ETF has a 12-month low of $22.94 and a 12-month high of $24.78.

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.