Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Declares Dividend Increase – $0.17 Per Share

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) declared a monthly dividend on Monday, December 29th, NASDAQ Dividends reports. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.175 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Tuesday, December 30th. This is a 70.7% increase from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.10.

Thornburg Multi Sector Bond ETF Stock Performance

Shares of NASDAQ:TMB traded down $0.19 during midday trading on Tuesday, reaching $25.58. 3,505 shares of the company traded hands, compared to its average volume of 21,642. The firm’s fifty day moving average price is $25.71 and its two-hundred day moving average price is $25.60. Thornburg Multi Sector Bond ETF has a 12 month low of $24.82 and a 12 month high of $25.97.

About Thornburg Multi Sector Bond ETF

The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.