SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) to Issue $0.24 Dividend

SPDR SSgA Income Allocation ETF (NYSEARCA:INKM) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 26th will be paid a dividend of 0.2359 per share on Monday, March 31st. The ex-dividend date of this dividend is Wednesday, March 26th.

SPDR SSgA Income Allocation ETF Trading Down 1.0 %

NYSEARCA INKM traded down $0.31 during midday trading on Wednesday, hitting $31.80. The company had a trading volume of 2,138 shares, compared to its average volume of 9,436. SPDR SSgA Income Allocation ETF has a twelve month low of $29.95 and a twelve month high of $33.16. The firm has a 50-day moving average price of $31.95 and a 200-day moving average price of $32.18. The company has a market capitalization of $71.23 million, a PE ratio of 20.27 and a beta of 0.66.

About SPDR SSgA Income Allocation ETF

The SPDR SSgA Income Allocation ETF (INKM) is an exchange-traded fund that is based on the MSCI World index. The fund is an actively-managed, income-focused ETF of domestic and international ETFs with exposure to equities, investment-grade and high-yield debt, preferred stocks and REITs. INKM was launched on Apr 25, 2012 and is managed by State Street.