Angel Oak Mortgage-Backed Securities ETF Plans Monthly Dividend of $0.03 (NYSEARCA:MBS)

Angel Oak Mortgage-Backed Securities ETF (NYSEARCA:MBS) announced a monthly dividend on Thursday, February 26th. Stockholders of record on Friday, February 27th will be paid a dividend of 0.0311 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, February 27th.

Angel Oak Mortgage-Backed Securities ETF Price Performance

MBS stock traded down $0.03 during mid-day trading on Friday, reaching $8.85. 15,271 shares of the stock traded hands, compared to its average volume of 99,435. The stock’s fifty day moving average is $8.78 and its 200-day moving average is $8.76. Angel Oak Mortgage-Backed Securities ETF has a 52-week low of $8.46 and a 52-week high of $9.16.

About Angel Oak Mortgage-Backed Securities ETF

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.