Inspire Corporate Bond ETF (NYSEARCA:IBD) Announces Monthly Dividend of $0.08

Inspire Corporate Bond ETF (NYSEARCA:IBD) announced a monthly dividend on Thursday, September 24th. Stockholders of record on Friday, September 25th will be given 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 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 Trading Down 0.7%

Inspire Corporate Bond ETF stock traded down $0.17 during midday trading on Friday, reaching $23.03. The company had a trading volume of 3,729 shares, compared to its average volume of 95,269. Inspire Corporate Bond ETF has a 12-month low of $22.94 and a 12-month high of $24.78. The firm’s fifty day simple moving average is $23.55 and its 200-day simple moving average is $23.74.

About Inspire Corporate Bond ETF

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.