SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Stockholders of record on Friday, February 2nd will be given a dividend of 0.0819 per share by the exchange traded fund on Wednesday, February 7th. This represents a $0.98 annualized dividend and a dividend yield of 1.90%. The ex-dividend date is Thursday, February 1st.

Shares of SPDR Barclays Capital Convertible SecETF (CWB) traded down $0.81 during trading on Friday, reaching $51.82. The company’s stock had a trading volume of 2,012,664 shares, compared to its average volume of 1,347,794. SPDR Barclays Capital Convertible SecETF has a 12 month low of $47.03 and a 12 month high of $53.73.

CWB has been the topic of several research analyst reports. Canaccord Genuity reaffirmed a “hold” rating and issued a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research report on Tuesday, October 31st. BMO Capital Markets reaffirmed a “hold” rating and issued a $33.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research report on Wednesday, November 15th. Finally, Scotiabank reaffirmed a “buy” rating and issued a $42.00 price objective on shares of SPDR Barclays Capital Convertible SecETF in a research report on Wednesday, November 22nd.

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About SPDR Barclays Capital Convertible SecETF

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.

Dividend History for SPDR Barclays Capital Convertible SecETF (NYSEARCA:CWB)

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