Fidelity Systematic Municipal Bond Index ETF (FMUN) to Issue Monthly Dividend of $0.14 on July 1st

Fidelity Systematic Municipal Bond Index ETF (NASDAQ:FMUN) announced a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Monday, June 29th will be given a dividend of 0.142 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, June 29th. This is a 6.0% increase from Fidelity Systematic Municipal Bond Index ETF’s previous monthly dividend of $0.13.

Fidelity Systematic Municipal Bond Index ETF Stock Performance

FMUN stock opened at $50.41 on Wednesday. Fidelity Systematic Municipal Bond Index ETF has a 1-year low of $48.26 and a 1-year high of $51.25. The business has a fifty day moving average price of $50.18 and a 200-day moving average price of $50.32.

About Fidelity Systematic Municipal Bond Index ETF

The Fidelity Systematic Municipal Bond Index ETF aims to provide a high current yield exempt from federal income tax by investing at least 80% of its assets in municipal securities included in the Fidelity Systematic U.S. Municipal Bond Index.