SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Increases Dividend to $0.09 Per Share

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be paid a dividend of 0.0893 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Wednesday, July 1st. This is a 0.6% increase from SPDR SSGA My2027 Corporate Bond ETF’s previous monthly dividend of $0.09.

SPDR SSGA My2027 Corporate Bond ETF Price Performance

MYCG stock traded down $0.08 on Wednesday, reaching $24.91. The company had a trading volume of 7,606 shares, compared to its average volume of 5,255. SPDR SSGA My2027 Corporate Bond ETF has a 1 year low of $24.88 and a 1 year high of $25.14. The company’s fifty day moving average is $24.97 and its 200 day moving average is $25.01.

About SPDR SSGA My2027 Corporate Bond ETF

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.