Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) Increases Dividend to $0.14 Per Share

Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.1436 per share on Wednesday, November 4th. This represents a $1.72 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, November 2nd. This is a 4.7% increase from Vanguard Tax-Exempt Bond ETF’s previous monthly dividend of $0.1372.

Vanguard Tax-Exempt Bond ETF Stock Up 0.4%

Shares of VTEB opened at $48.88 on Friday. The company has a 50 day moving average price of $48.26 and a 200-day moving average price of $49.76. Vanguard Tax-Exempt Bond ETF has a fifty-two week low of $46.87 and a fifty-two week high of $51.18.

Vanguard Tax-Exempt Bond ETF Company Profile

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.