Fidelity Low Duration Bond ETF Announces Monthly Dividend of $0.11 (NASDAQ:FLDB)

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) declared a monthly dividend on Thursday, April 25th, NASDAQ reports. Stockholders of record on Monday, April 29th will be given a dividend of 0.105 per share on Wednesday, May 1st. This represents a $1.26 annualized dividend and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, April 26th.

Fidelity Low Duration Bond ETF Stock Performance

FLDB stock opened at $50.12 on Friday. Fidelity Low Duration Bond ETF has a fifty-two week low of $49.98 and a fifty-two week high of $50.25.

Fidelity Low Duration Bond ETF Company Profile

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less.