First Trust Ultra Short Duration Municipal ETF Increases Dividend to $0.051

Thursday, 22 August 2024, 16:12

First Trust Ultra Short Duration Municipal ETF (FUMB) has raised its dividend by 2% to $0.051 per share. This increase demonstrates the fund's commitment to providing value to its investors. The forward yield now stands at 3.04%, reflecting a positive financial outlook for the ETF.
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First Trust Ultra Short Duration Municipal ETF Increases Dividend to $0.051

Dividend Increase Announcement

First Trust Ultra Short Duration Municipal ETF (FUMB) has declared a monthly dividend of $0.051 per share, marking a 2% increase from the previous dividend of $0.050.

Forward Yield Details

  • Current Forward Yield: 3.04%
  • Significance of the Increase: This dividend raise signals financial stability for investors looking for reliable income.

Investors should consider the potential benefits of this dividend announcement as a reflection of the ETF's performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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