IQ MacKay Shields Municipal Intermediate ETF (MMIT) Declares Monthly Dividend of $0.06

IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 2nd will be paid a dividend of 0.0616 per share on Friday, April 5th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from IQ MacKay Shields Municipal Intermediate ETF’s previous monthly dividend of $0.05.

MMIT stock opened at $25.51 on Wednesday. IQ MacKay Shields Municipal Intermediate ETF has a fifty-two week low of $24.25 and a fifty-two week high of $25.61.

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Further Reading: Strangles

Dividend History for IQ MacKay Shields Municipal Intermediate ETF (NYSEARCA:MMIT)

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