Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Shares Set to Pay Monthly Dividend of $0.16

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be given a dividend of $0.1580 per share on Thursday, October 1st. This represents a $1.90 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 5.4% decrease from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.1670.

Fidelity Low Duration Bond ETF Stock Up 0.1%

Shares of NASDAQ FLDB opened at $50.33 on Tuesday. Fidelity Low Duration Bond ETF has a one year low of $50.15 and a one year high of $50.93. The business’s fifty day moving average price is $50.32 and its 200-day moving average price is $50.34.

About Fidelity Low Duration Bond ETF

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less. FLDB was launched on Feb 22, 2024 and is issued by Fidelity.