VanEck Vectors AMT-Free Long Muni ETF Declares Monthly Dividend of $0.05 (MLN)
VanEck Vectors AMT-Free Long Muni ETF (NYSEARCA:MLN) announced a monthly dividend on Friday, December 1st, Wall Street Journal reports. Stockholders of record on Monday, December 4th will be paid a dividend of 0.0479 per share on Thursday, December 7th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend is Friday, December 1st.
Shares of VanEck Vectors AMT-Free Long Muni ETF (MLN) traded up $0.14 during mid-day trading on Friday, hitting $20.11. The stock had a trading volume of 163,835 shares, compared to its average volume of 49,467. VanEck Vectors AMT-Free Long Muni ETF has a 1-year low of $18.66 and a 1-year high of $20.35.
VanEck Vectors AMT-Free Long Muni ETF Company Profile
Market Vectors Long Municipal Index ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Barclays Capital AMT-Free Long Continuous Municipal Index (the Index). The Index provides broad exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.
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