Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) announced a monthly dividend on Monday, September 14th, Zacks reports. Shareholders of record on Wednesday, September 16th will be paid a dividend of 0.038 per share on Wednesday, September 30th. This represents a $0.46 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a positive change from Highland/iBoxx Senior Loan ETF’s previous monthly dividend of $0.03.
Highland/iBoxx Senior Loan ETF has increased its dividend payment by 1.3% over the last three years.
NASDAQ:SNLN traded down $0.09 during trading hours on Wednesday, reaching $16.05. 300 shares of the stock were exchanged, compared to its average volume of 89,481. The firm has a 50 day simple moving average of $15.98 and a 200-day simple moving average of $15.85. Highland/iBoxx Senior Loan ETF has a 52 week low of $13.88 and a 52 week high of $17.60.
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