FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) to Issue Dividend Increase – $0.20 Per Share

FlexShares Credit-Scored US Corporate Bond Index Fund (NASDAQ:SKOR) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Stockholders of record on Thursday, August 1st will be paid a dividend of 0.2042 per share on Wednesday, August 7th. This represents a $2.45 dividend on an annualized basis and a dividend yield of 5.09%. The ex-dividend date is Thursday, August 1st. This is a boost from FlexShares Credit-Scored US Corporate Bond Index Fund’s previous monthly dividend of $0.20.

FlexShares Credit-Scored US Corporate Bond Index Fund Stock Down 0.1 %

Shares of FlexShares Credit-Scored US Corporate Bond Index Fund stock traded down $0.07 on Thursday, reaching $48.15. The stock had a trading volume of 25,295 shares, compared to its average volume of 33,392. The company has a 50 day moving average price of $47.62 and a 200 day moving average price of $47.51. FlexShares Credit-Scored US Corporate Bond Index Fund has a 1 year low of $45.16 and a 1 year high of $48.24.

FlexShares Credit-Scored US Corporate Bond Index Fund Company Profile

The FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of intermediate-maturity, investment-grade corporate bonds that are selected and weighted by fundamental factors. SKOR was launched on Nov 12, 2014 and is managed by FlexShares.