SPDR Barclays Cap Long Term Credit (SPLB) to Issue $0.09 Monthly Dividend

SPDR Barclays Cap Long Term Credit (NYSEARCA:SPLB) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Friday, February 2nd will be paid a dividend of 0.0877 per share on Wednesday, February 7th. This represents a $1.05 annualized dividend and a dividend yield of 3.88%. The ex-dividend date is Thursday, February 1st.

SPDR Barclays Cap Long Term Credit (NYSEARCA:SPLB) traded up $0.09 during trading hours on Friday, reaching $27.16. 1,468,971 shares of the company’s stock were exchanged, compared to its average volume of 407,478. SPDR Barclays Cap Long Term Credit has a 12 month low of $26.00 and a 12 month high of $28.76.

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About SPDR Barclays Cap Long Term Credit

SPDR Barclays Long Term Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital Long Term Credit Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of an index that tracks the long-term (10+ years) sector of the United States investment bond market.

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