Simplify MBS ETF (NYSEARCA:MTBA) Declares Dividend Increase – $0.25 Per Share

Simplify MBS ETF (NYSEARCA:MTBA) announced a monthly dividend on Monday, January 26th. Shareholders of record on Tuesday, January 27th will be paid a dividend of 0.25 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Tuesday, January 27th. This is a 1,150.0% increase from Simplify MBS ETF’s previous monthly dividend of $0.02.

Simplify MBS ETF Price Performance

NYSEARCA MTBA opened at $50.62 on Tuesday. The business’s fifty day moving average price is $50.47 and its 200-day moving average price is $50.39. Simplify MBS ETF has a 1-year low of $49.16 and a 1-year high of $50.88.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.