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 annualized dividend and a yield of 2.84%. The ex-dividend date is Tuesday, September 15th. This is an increase 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.
Shares of SNLN stock traded down $0.03 during trading hours on Wednesday, reaching $16.05. 300 shares of the stock were exchanged, compared to its average volume of 89,481. The business’s fifty day moving average is $15.98 and its two-hundred day moving average is $15.85. Highland/iBoxx Senior Loan ETF has a 12-month low of $13.88 and a 12-month high of $17.60.
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