Nomura Tax-Free USA Short Term ETF (STAX) to Distribute Monthly Dividend of $0.08 on November 5th

Nomura Tax-Free USA Short Term ETF (NYSEARCA:STAX) declared a monthly dividend on Thursday, October 29th. Stockholders of record on Friday, October 30th will be paid a dividend of $0.0795 per share on Thursday, November 5th. This represents a $0.95 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, October 30th. This is a 18.0% increase from Nomura Tax-Free USA Short Term ETF’s previous monthly dividend of $0.0674.

Nomura Tax-Free USA Short Term ETF Stock Performance

Shares of STAX opened at $25.08 on Friday. The stock has a 50-day moving average of $25.00 and a 200-day moving average of $25.36. Nomura Tax-Free USA Short Term ETF has a one year low of $24.66 and a one year high of $25.75.

Nomura Tax-Free USA Short Term ETF Company Profile

The Macquarie Tax-Free USA Short Term ETF (STAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in municipal securities exempt from federal income taxes. It will hold short-term, investment grade and high yield Muni bonds issued in the US with effective maturity of between 1 and 5 years. STAX was launched on Nov 28, 2023 and is issued by Macquarie.