WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) Announces Dividend Increase – $0.10 Per Share

WisdomTree High Income Laddered Municipal Fund (NASDAQ:WTMY) declared a monthly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.095 per share on Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Thursday, June 25th. This is a 46.2% increase from WisdomTree High Income Laddered Municipal Fund’s previous monthly dividend of $0.07.

WisdomTree High Income Laddered Municipal Fund Trading Down 0.4%

WTMY traded down $0.10 on Thursday, reaching $25.38. The company’s stock had a trading volume of 2 shares, compared to its average volume of 756. WisdomTree High Income Laddered Municipal Fund has a 1 year low of $24.58 and a 1 year high of $25.85. The business’s 50 day moving average is $25.35 and its 200 day moving average is $25.46.

WisdomTree High Income Laddered Municipal Fund Company Profile

The WisdomTree High Income Laddered Municipal Fund is an actively managed exchange-traded fund (ETF) that seeks to generate a high level of current income exempt from federal income taxes. The fund employs a laddered maturity strategy, investing in both investment-grade and high-yield municipal debt securities with an average duration between five and ten years. It focuses on securities expected to mature or have an option to be called or tendered within 15 years.