Fidelity Low Duration Bond ETF (NASDAQ:FLDB) Plans Monthly Dividend of $0.17

Fidelity Low Duration Bond ETF (NASDAQ:FLDB) announced a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.1670 per share on Monday, November 2nd. This represents a $2.00 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Thursday, October 29th. This is a 5.7% increase from Fidelity Low Duration Bond ETF’s previous monthly dividend of $0.1580.

Fidelity Low Duration Bond ETF Price Performance

FLDB stock opened at $50.34 on Thursday. The firm has a 50-day simple moving average of $50.28 and a 200-day simple moving average of $50.35. Fidelity Low Duration Bond ETF has a 52 week low of $50.06 and a 52 week high of $50.93.

About Fidelity Low Duration Bond ETF

The Fidelity Low Duration Bond ETF (FLDB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment-grade, domestic and foreign fixed income securities with broad maturities. It aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less. FLDB was launched on Feb 22, 2024 and is issued by Fidelity.