Nomura Tax-Free USA Short Term ETF (STAX) to Issue Monthly Dividend of $0.07 on October 6th

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX – Get Free Report) announced a monthly dividend on Tuesday, September 29th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.0674 per share on Tuesday, October 6th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 13.5% increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.0594.

Nomura Tax-Free USA Short Term ETF Trading Up 0.4%

NYSEARCA STAX opened at $24.76 on Thursday. The firm’s 50 day moving average is $25.17 and its 200-day moving average is $25.34. Nomura Tax-Free USA Short Term ETF has a 12-month low of $24.66 and a 12-month high of $25.75.

Nomura Tax-Free USA Short Term ETF Company Profile

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The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.

Further Reading

Dividend History for Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX)

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