Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) Increases Dividend to $0.05 Per Share

Mairs & Power Minnesota Municipal Bond ETF (BATS:MINN) announced a monthly dividend on Thursday, February 19th. Shareholders of record on Friday, February 20th will be given a dividend of 0.0489 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, February 20th. This is a 24.4% increase from Mairs & Power Minnesota Municipal Bond ETF’s previous monthly dividend of $0.04.

Mairs & Power Minnesota Municipal Bond ETF Stock Down 0.1%

BATS:MINN traded down $0.03 during trading hours on Friday, hitting $22.72. The stock had a trading volume of 1,114 shares, compared to its average volume of 7,530. The company has a 50 day simple moving average of $22.58 and a two-hundred day simple moving average of $22.36. Mairs & Power Minnesota Municipal Bond ETF has a one year low of $20.94 and a one year high of $23.03.

Mairs & Power Minnesota Municipal Bond ETF Company Profile

The Mairs & Power Minnesota Municipal Bond ETF (MINN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to target mainly investment-grade municipal securities of various maturities, with interest income that is exempted from federal and Minnesota state income tax. MINN was launched on Mar 12, 2021 and is managed by Mairs & Power.